During the lead up to COP30 in Belem, Brazil, 29 new Nationally Determined Contributions (NDCs) were submitted, covering over 45% of global emissions. Key updates from China, Indonesia, and Türkiye reveal mixed progress toward 2035 climate goals, with varying alignment to IPCC's 1.5°C pathway.

Major announcements at COP30 in Belém, Brazil are reshaping expectations for global climate finance, forest protection and international carbon markets, with governments, multilateral lenders and corporates signalling new levels of ambition.

The United Nations Framework Convention on Climate Change (UNFCC) has approved its first methodology under Article 6.4, also known as the Paris Agreement Crediting Mechanism (PACM), the UNFCC announced on Thursday October 30.

The latest updates (Oct) in the global carbon markets spotlight major advancements in REDD+ and carbon credit frameworks. From Indonesia and Verra’s mutual recognition agreement unlocking paused REDD+ projects, to Katingan credits driving strong market demand

The following prices were affected: CB-CC-0001 REDD+, Latin America, $ per tCO2e CB-CC-0002 REDD+ v19 differential, Latin America, $ per tCO2e CB-CC-0003 REDD+ v20 differential, Latin America, $ per tCO2e CB-CC-0004 REDD+ v21 differential, Latin America, $ per tCO2e CB-CC-0005 REDD+, Sub-Saharan Africa, $ per tCO2e CB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa, $ per tCO2e CB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa, $ […]

The world’s leading voluntary carbon standards body, Verra has signed a mutual recognition agreement (MRA) with the Indonesian government, with the aim of expanding the country's access to climate finance by strengthening the integrity of its carbon markets.

The following prices were affected: CB-CC-0013 IFM Avoidance, US, $/tCO2e CB-CC-0014 IFM Removals, US, $/tCO2e These prices are part of the Fastmarkets Carbon package. For more information, or to provide feedback on the delayed publication of these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact […]

From voluntary credits to new compliance schemes, businesses face a growing need for clear, reliable information to navigate the carbon market landscape. How can you distinguish high-quality credits from the rest? What impact will new regulations like the EU's Carbon Border Adjustment Mechanism (CBAM) have on your supply chain? This interview has the answers.

The EU Commission has launched a call for evidence on Thursday August 28 on its methodology for calculating emissions embedded in Carbon Border Adjustment Mechanism (CBAM) goods, the rules on the adjustment of CBAM certificates to reflect the EU Emissions Trading System (ETS) free allocation and the rules on the deduction of the carbon price paid in a third country.

Asking whether airlines are doing their part to decarbonize their industry through sustainable aviation fuel (SAF) use is the wrong question, World Energy founder and chief executive officer Gene Gebolys told Fastmarkets on Wednesday August 27.