August 15, 2023

The huge potential and viability of carbon credit trading in ASEAN

ASEAN holds vast potential for generating carbon credits, given the region’s rich biodiversity and renewable energy sources. Climate experts suggest that member countries should collectively commit to a timeline for implementing regionwide carbon trading.
July 27, 2023

ICVCM set global standards to bring transparency to the voluntary carbon market

ICVCM outlined criteria for new voluntary standards on July 27 and hope to issue labelled credits by the end of the year to bring transparency to the unregulated marketplace.
July 21, 2023

Tanzania carbon credit projects draw $20B: the growing value of Africa

Voluntary carbon market is gaining momentum in Africa, with Tanzania revealing that it will receive over $20 billion investment for carbon offset credits.
July 10, 2023

India forms committee to oversee its first domestic carbon market

To boost the trading of carbon credits in the country, India’s Ministry of Power has notified the Carbon Credit Market Scheme. Within just a few days ago, the government releasing a draft document for establishing a carbon credits market in India.
July 05, 2023

Ho Chi Minh City carries out trial of carbon credit trading

After being approved by the Vietnamese Congress, Ho Chi Minh City will pilot a " Carbon Credit Exchange and Clearing Mechanism", starting from August 1st.
June 16, 2023

Saudi company sells 2.2 mln tonnes of carbon credits in auction

More than 2.2 million tonnes of carbon credits were sold on June 14 at an auction organized by the Regional Voluntary Carbon Market Co. in the Kenyan capital Nairobi, the Saudi firm said. 
April 07, 2023

Large corporations fund their own carbon credit projects

A number of big companies decided to create in-house carbon credits despite criticisms against offsets.
March 27, 2023

New Zealand's carbon allowance unit prices plunge to 18-month low

Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.
February 02, 2023

Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022

Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.
January 10, 2023

Chubb review recommends changes to Australian carbon credits scheme

A review of Australia’s controversial carbon credit system has recommended significant changes to how it is managed, but rejected claims that the scheme lacks integrity and is not delivering real cuts in greenhouse gas emissions.
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