Enabling conditions to unlock private sector demand in carbon markets: Policy considerations for host jurisdictions

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.

Learnings from Government-Led Approaches to Nature Credit Markets

Published by the International Advisory Panel on Biodiversity Credits, this report maps government-led approaches to nature credit markets across countries and jurisdictions. It analyses market archetypes, governance models and integrity considerations shaping emerging biodiversity credit frameworks.

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.

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.

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.

Greenhouse Gas Market Report 2025: The New Carbon Order

IETA’s report provides a detailed overview of compliance and voluntary carbon markets in 2025. It reviews Article 6 readiness, ETS growth, CORSIA’s first operational phase, evolving VCM demand signals and the rise of high-integrity credits. The report analyses governance gaps, data and registry interoperability, legal clarity and digital MRV as critical enablers of scale. It highlights how emerging policy frameworks and corporate demand are driving a new phase of integration across global carbon markets.

Carbon market integrity: How to move beyond the limitations and uncertainties?

Published by AFD, this briefing examines the structural complexity of carbon credits and the institutional factors shaping carbon market integrity. It details technical risks, additionality, permanence, over-crediting, leakage and double counting, and how information asymmetry affects credit quality. The paper reviews ICVCM, VCMI, Article 6 and registry reforms, arguing that alignment with NDCs, legal clarity and transparent infrastructure are essential for a high-integrity VCM.