Published by EDF and Perspectives Climate Research, this paper explores how voluntary carbon market and Article 6 credits could be integrated into debt-for-climate swaps, linking sovereign debt relief to verified emissions reductions through robust MRV systems.
Published by Calyx Global and ClearBlue Markets, this report analyses pricing and quality trends in the voluntary carbon market, showing widening price differentials between high- and low-integrity credits and outlining steps buyers can take to strengthen market integrity.
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.
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.
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.
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.
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.
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.
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.
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.