Fastmarkets launches cookstove and landfill gas CCP carbon credit assessments

Fastmarkets has launched five core carbon principle (CCP) carbon credit price assessments, covering landfill gas and cookstove projects, on Tuesday April 28.

A growing pipeline of credits eligible for the Integrity Council for the Voluntary Carbon Market’s (ICVCM) CCPs has started to emerge, particularly among these two project types, and these new prices aim to bring transparency to this market and the associated premium with the tag.

Buyers have been increasingly looking at either ratings or CCPs when preparing requests for proposals (RfPs) creating a new baseline for quality in the market, while developers are looking for robust price signals when deciding whether to target CCPs during project implementation.

The prices are:
CB-CC-0036 Landfill Gas CCP, Turkey, $/tCO2e
CB-CC-0037 Landfill Gas CCP, China, $/tCO2e
CB-CC-0038 Landfill Gas CCP, Brazil, $/tCO2e
CB-CC-0039 Landfill Gas CCP, US, $/tCO2e
CB-CC-0040 Cookstoves CCP, Sub-Saharan Africa, $/tCO2e

The specifications are as follows:

CB-CC-0036 Landfill Gas CCP, Turkey, $/tCO2e
Quality: Assessment of credits from representative landfill gas projects located in Turkey and tagged with the ICVCM’s CCP label
Quantity: Min 5,000 tCO2e, Max 50,000 tCO2e
Vintage: Vintage 2021+
Registry: Verra – Verified Carbon Standard (VCS), Gold Standard (GS)
Location: Turkey
Timing: Delivery within 30 days
Unit: USD per tonne of CO2 equivalent
Frequency: Weekly, Tuesday, London holiday schedule
Data window: Weekly, from end of previous window up to up to 12:30pm Tuesday London time

CB-CC-0037 Landfill Gas CCP, China, $/tCO2e
Quality: Assessment of credits from representative landfill gas projects located in China and tagged with the ICVCM’s CCP label
Quantity: Min 5,000 tCO2e, Max 50,000 tCO2e
Vintage: Vintage 2021+
Registry: Verra – Verified Carbon Standard (VCS), Gold Standard (GS)
Location: China
Timing: Delivery within 30 days
Unit: USD per tonne of CO2 equivalent
Frequency: Weekly, Tuesday, London holiday schedule
Data window: Weekly, from end of previous window up to up to 12:30pm Tuesday London time

CB-CC-0038 Landfill Gas CCP, Brazil, $/tCO2e
Quality: Assessment of credits from representative landfill gas projects located in Brazil and tagged with the ICVCM’s CCP label
Quantity: Min 5,000 tCO2e, Max 50,000 tCO2e
Vintage: Vintage 2021+
Registry: Verra – Verified Carbon Standard (VCS), Gold Standard (GS)
Location: Brazil
Timing Delivery within 30 days
Unit: USD per tonne of CO2 equivalent
Frequency: Weekly, Tuesday, London holiday schedule
Data window: Weekly, from end of previous window up to up to 12:30pm Tuesday London time

CB-CC-0039 Landfill Gas CCP, US, $/tCO2e
Quality: Assessment of representative credits from representative landfill gas projects located in US and tagged with the ICVCM’s CCP label
Quantity: Min 5,000 tCO2e, Max 50,000 tCO2e
Vintage: Vintage 2021+
Registry: Verra – Verified Carbon Standard (VCS), Gold Standard (GS), ACR, Climate Action Reserve (CAR)
Location: US
Timing: Delivery within 30 days
Unit: USD per tonne of CO2 equivalent
Frequency: Weekly, Tuesday, London holiday schedule
Data window: Weekly, from end of previous window up to up to 12:30pm Tuesday London time

CB-CC-0040 Cookstoves CCP, Sub-Saharan Africa, $/tCO2e
Quality: Assessment of credits from representative cookstove projects in Sub-Saharan Africa, tagged on registry with the ICVCM’s CCP label
Quantity: Min 5,000 tCO2e, Max 50,000 tCO2e
Vintage: Vintage 2021+
Registry: Verra – Verified Carbon Standard (VCS), Gold Standard (GS)
Location: Sub-Saharan Africa
Timing: Delivery within 30 days
Unit: USD per tonne of CO2 equivalent
Frequency: Weekly, Tuesday, London holiday schedule
Data window: Weekly, from end of previous window up to up to 12:30pm Tuesday London time

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and carbonpricing@fastmarkets.com. Please add the subject heading “Re: Cookstove, landfill gas CCP carbon credit assessments.” 

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

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