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Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t

Vietnam plans to officially run a carbon trade exchange in 2028, according to a draft carbon market project in Vietnam conducted by the Ministry of Natural Resources and Environment.

Indonesia’s financial regulator said on May 5 that the government plans to launch a carbon exchange in the second half of this year, as part of efforts to boost renewable energy use and achieve net-zero emissions by 2060.

China's Daqing Oilfield Co recently completed its first online trade for 1,000 tons of liquefied CO2 by bidding in the domestic market with a premium of 210 yuan ($30.37) per ton added to the original price, China Media Group reported on Monday.

In 2022, the carbon credit trading platform market was worth around USD 103 million, and it is projected to advance at a 21.20% CAGR from 2022 to 2030, hitting USD 479 million by 2030, according to P&S Intelligence.

The European Parliament approved on April 18 as many as three pieces of legislation from its landmark Fit for 55 package, which aims to reduce greenhouse gas emissions by 55% by 2030.

The Integrity Council for the Voluntary Carbon Market (ICVCM), an independent governance body for the voluntary carbon market, outlined standards on March 30 that it hopes will bring transparency to the $2 billion market, which has struggled for credibili

The price of permits on the European Union's carbon market reached 100 euros ($106.57) a tonne for the first time on Feb. 17, reflecting the increased costs that factories and power plants must bear when they pollute.

EUAs are the primary currency in t

Guyana, which has pioneered offshore oil exploration, is leveraging its inland forests to access carbon markets, a business that the government sees as more profitable than mining or agriculture, Vice President Bharrat Jagdeo said.

The introduction of carbon pricing in the Philippines could raise around $7 billion in revenues by 2030, according to a report released by the International Monetary Fund (IMF).