Review of February 2023
23 Mt of credits were issued in Feb-23, the lowest month of issuances since Sep-22. 22 Mt of credits were retired in Feb-23, the third highest month for retirements ever,…
Review of February 2023
There was a notable decline in consensus in ‘Accounting and reporting’ last month, owing to disagreements about the effectiveness of proposed rules for mandatory climate-related disclosures. Most other areas saw…
Review of February 2023
As of 28th February, Trove had identified 8,248 companies with a climate commitment, representing 12.5 GtCO2e of Scope 1 & 2 plus 55.1 GtCO2e of Scope 3 emissions. 2,292 of these…
2023 – Week 11 in Review
Lower-priced Renewable Energy credits rose from 44% to 54% of total credit volumes last week. Consequently, the average price for all credits lost 9% to $6.15. However, the underlying price…
Review of February 2023
Issuances were at their lowest since Sep-22 at only 23.3 Mt, in Feb-23. In contrast, 22.4 Mt of credits were retired in Feb-23, the third highest month on record and…
Review of January 2023
Jan-23 saw a number of policy & guidance updates related to the WEF meeting in Davos. Nearly half of the guidance areas saw decreases in consensus, some significant. An article…
Review of January 2023
Main policy and guidance updates came from a Guardian article alleging that 90% of avoided deforestation credits issued by Verra were “worthless”. The article garnered a huge amount of interest…
Price Scenarios to 2050: Nov-22
This new report contains a number of important updates and modelling enhancements: Inclusion of two new sources of demand for carbon credits – compliance markets and governments. Updated REDD+ model…