Market participants are questioning the eligibility of Zimbabwe-tagged carbon credits for CORSIA Phase 1, as the Zimbabwean registry, unlike others, lacks ICAO approval despite transferring and tagging credits as eligible.

The latest updates (April 2025) in the global carbon markets include ambitious projects and investment in innovation as Pakistan signs-off two carbon offset projects, Holocene gets acquired and biofuel producer Neste starts Rotterdam SAF output. 

Carbon registry Verra announced on Friday May 23 a delay in the release of the final deforestation risk maps required under the Reducing Emissions from Deforestation and Forest Degradation (REDD+) methodology VM0048. The registry said that the delay is intended to ensure the data meets Verra’s standards for high quality and to enhance transparency throughout the data development process.

Durable carbon dioxide removals (CDRs) are vital for addressing emissions but remain costly, with adoption currently limited to high-profit sectors, though declining costs and rising affordability signal broader market growth ahead.

Fastmarkets announce the release of a new suite of insights and pricing products, across the carbon credits, carbon removals, and compliance carbon markets.

Sentiment in the voluntary carbon market remained cautious in the week to Wednesday April 9, with limited trading and rising regulatory uncertainty. Improved Forest Management (IFM) credits drew limited interest as market participants weighed macroeconomic headwinds and shifting US policy signals.

The latest updates (Mar25) in the global carbon markets highlight significant strides in nature-based and innovative carbon removal projects. From Koko securing MIGA insurance in a potential boon to future CORSIA supply, Arup's £1 million investment in UK rewilding efforts to Airbus testing sustainable aviation fuel demand.

The Science Based Targets initiative (SBTi) has proposed a significant expansion of carbon removals in corporate net-zero strategies, marking a potential shift in how companies use voluntary carbon markets.

The South African Government’s latest budget proposes to increase the carbon offset allowance against the country’s carbon tax by 5 percentage points from January 1, 2026.

The US forestry sector is undergoing a transformation as timberland managers increasingly diversify beyond traditional operations to embrace forest carbon projects, conservation, renewable energy, and carbon capture initiatives.