cCarbon’s 2023 analyst note provides a comprehensive analysis of corporate climate initiatives worldwide, offering insights into market trends, type of deal, valuations, and geographical distribution. The analyst note helps in assessing the trends in deals, the markets currently being targeted and serves as an important guide for investors and clients in this space.

In the wake of COP28, we review the progress and outlook for Article 6 of the Paris Agreement based on the negotiations. Beginning with an overview of the antecedents leading to the Agreement, we focus on the relationship between Article 6 and voluntary carbon markets (VCM). The update extends to the prospects and progress at COP28, addressing contentious issues, the negotiation timeline, and summarizing the outcomes of the conference.

The WCI market has made significant progress since our last WCI Offset Price Forecast in March 2030. In the present iteration of the forecast, we have incorporated recent issuance and emission trends, updated our assumptions on supply tendencies across a number of protocols as well as allowance – offset price elasticity.

In this report, we review current retiring trends, the most important factors and threats guiding buyer behaviour in the VCM as well as existing voluntary and national guidance intended to help buyers navigate the risk-laden landscape of credit retirements.

A long wait came to an end last week as the ICVCM published its Category-level Assessment Framework. The Application Portal through which crediting programs can apply to be ICVCM-approved is now also open. The governance body expects for the first approved programs and credit categories to be announced by the end of the year. In this short response note, we critically assess the publication and introduce the main points have that attracted attention in the market so far.