Published by Beyond, Emergent and the Symbiosis Coalition, this briefing paper outlines nine policy enabling conditions host countries can set to unlock private sector demand in voluntary carbon markets, covering corresponding adjustment guidance, domestic governance and registries, benefit sharing, carbon rights/FPIC, and REDD+ nesting. It shows how clear, stable frameworks de-risk investment, reduce delays, and support high-integrity credit supply aligned with national climate and development priorities.
State of finance for nature 2026: Nature in the red
Published by UNEP, this report tracks global finance flows for nature and highlights implications for the voluntary carbon market, including declining investment in nature-based credits amid heightened scrutiny of integrity and credit quality.
The state of carbon credits 2025
Sylvera’s 2025 market review shows falling issuance and retirements alongside rising spot-market value, as buyers pay higher prices for higher-quality credits. The report highlights widening price differentials by rating, persistent oversupply of unrated credits, and growing convergence between voluntary and compliance markets.
Voluntary carbon markets: Surveying current and future corporate participants
Based on a survey of 225 large global companies, this report examines current and future participation in voluntary carbon markets. It provides insights into expected demand, purchasing motivations, perceived risks and how companies are approaching credit quality and portfolio strategies.
Carbon markets: five things to look for in 2026
Wood Mackenzie examines five trends likely to influence carbon markets in 2026, from the rollout of new compliance regimes and the start of CBAM financial obligations to slower progress under Article 6. It assesses how changes to corporate claims, reporting and net-zero guidance could affect voluntary carbon market demand, and how integrity tools such as quality labels, ratings and advance purchase agreements may support VCM project finance.
Article 6 explainer: Updated with COP30 decisions
The Nature Conservancy’s explainer clarifies how Article 6 of the Paris Agreement is being operationalised, outlining rules on authorisation, corresponding adjustments and credit transfers, and why these decisions matter for integrity and confidence in voluntary carbon markets.
Nature-Based Carbon Project Finance Benchmark Report 2025
Published by Margaret Morales, this benchmark report analyses how nature-based carbon projects are financed, including primary funding sources, barriers to accessing capital, and the role of offtake agreements in unlocking lower-cost project finance in voluntary carbon markets.
Carbon Credit Outlook Report 2025: From Market Uncertainty to Strategic Growth
Published by SE Advisory Services, this report analyses corporate demand for carbon credits, showing how buyers are prioritising high-integrity standards, nature-based credits and portfolio diversification, and identifying barriers and incentives shaping near-term growth in voluntary carbon markets.
Blue carbon policy readiness: Lessons from 20 countries
Published by Fair Carbon, this policy brief assesses blue carbon readiness across regions, identifying policy, institutional and financing conditions needed to scale high-integrity mangrove and coastal wetland credits, strengthen safeguards, and mobilise investment aligned with national climate and development goals.
The Core Carbon Principles impact report 2025
ICVCM’s report assesses progress in implementing the Core Carbon Principles, showing how CCP-approved programs and methodologies are strengthening market integrity, restoring buyer confidence, and supporting alignment between voluntary markets, national policies and Article 6.










