46th Week Carbon Credit Markets 2025. COP30, CMA7, Article 6, Climate Technology Centre, Equitable Earth, USP registration, Ghana and Indonesia expand markets, Singapore and ICAO reinforce integrity
- Art Dam
- 39 minutes ago
- 6 min read
Monday, 24 November 2025.
Week 46 of Carbon Credit Markets 2025. Carbon credits in perspective: focusing on international expansion, the articles selected for today point to the paths that are beginning to emerge after COP30, highlighting global trends and opportunities.
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Highlights of the Week
COP30 in Belém, CMA7 advances on Article 6, Climate Technology Centre extended until 2041, Equitable Earth launches REDD+ methodology, USP creates scientific credit registry, Ghana and Indonesia expand billion-dollar markets, Singapore and ICAO reinforce international integrity.
COP30
Carbon markets, international cooperation and technology: highlights of CMA 7 at COP30
CMA 7 is the seventh meeting of the Parties to the Paris Agreement, held in conjunction with COP 30 in 2025, where countries that have ratified the agreement meet to make decisions on its implementation — including carbon market rules (Article 6), financing, adaptation, transparency and technological support. Below are the latest updates as of the closing of this edition (beginning of the last day of COP30, November 21, 2025).
Article 6.4 – International Carbon Credits
At CMA 7, the Article 6.4 mechanism advanced with the approval of the first methodology for landfill gas projects, establishing rigorous environmental integrity standards and reinforcing transparency in the participation of local and indigenous communities. Furthermore, the transition period for projects under the old CDM was extended until June 2026, prioritizing the review of methodologies, and a general review of the rules is planned for 2028.
Article 6.2 – Cooperative Approaches Among Countries
The 2025 report on cooperative approaches was welcomed at CMA 7, recording 39 initiatives and concluding the first round of technical reviews, which identified inconsistencies and reinforced the need to avoid double counting. The process foresees an interactive dialogue in November 2026 and the continuous updating of the Article 6.2 reference manual, with special support for least developed countries and small island states.
Climate Technology Centre – Review of Functions
The mandate of the Climate Technology Centre (CTC) has been extended until 2041, with revised functions effective from 2027, including support for developing countries, strengthening national innovation, promoting international cooperation, and stimulating public-private partnerships. Following COP30/CMA7, the selection process for a new host began, with criteria of governance, technical capacity, and financial management, ensuring continuity of operations during the transition.
Equitable Earth Launches New REDD+ Methodology at COP30
At COP30, held in Belém, Equitable Earth presented a new REDD+ methodology aimed at accelerating community-led forest conservation projects, focusing on ensuring greater integrity and credibility in the carbon credit market. The initiative seeks to strengthen local participation, expand social and environmental benefits, and offer a robust model for generating high-quality credits aligned with global climate mitigation goals. Read more about it.
International Panorama of Carbon Credits
Carbon Market Platform celebrates 10 years and projects the future of carbon pricing
The 10th meeting of the Carbon Market Platform took place in Ottawa, Canada, between October 9 and 10, 2025, bringing together representatives from governments, the private sector, and civil society. It is held to promote international cooperation and strengthen carbon pricing as a tool for emission reduction, as well as to assess progress over the past decade and discuss the future of implementing Article 6 of the Paris Agreement. The dialogue also seeks to align strategies on large-scale crediting and prepare new initiatives for COP30 in Belém.
RCGI-USP Carbon Registry: Science that transforms the carbon market
The RCGI-USP Carbon Registry is the first carbon credit registry created by an academic center in Brazil, combining science, transparency, and socio-environmental impact. Developed by the University of São Paulo with internationally audited methodologies and a focus on Climate, Community, and Biodiversity (CCB), it ensures that technology, reforestation, and conservation projects generate real benefits for the planet and for people. Aligned with the Brazilian Emissions Trading System (SBCE), the registry requires social and scientific impact, promoting innovation and sustainability in biomes such as the Amazon, Cerrado, and Atlantic Forest, while offering credibility and traceability for those seeking to transform the carbon market through science.
Ghana expands carbon market with billion-dollar projection and focus on local participationGhana is expanding its role in the carbon market with projections of more than US$ 1 billion in revenues by 2030, according to the Carbon Market Office (CMO), which has already made 24 million metric tons of credits available under Article 6.2 of the Paris Agreement. The Parliament encourages local companies to seize this potential, highlighting economic and environmental opportunities, while the CMO promotes the training of national businesses to operate in technical areas such as project auditing and validation. In addition, three companies have launched carbon projects in the cocoa sector, focusing on agroforestry, eco-stoves, and biochar, aiming to remove 4 million tons of greenhouse gases and generate up to US$ 80 million in credits.
Indonesia aims to trade 13.4 billion tons of carbon credits
The Minister of Forests of Indonesia, Raja Juli Antoni, stated that the country could generate up to 13.4 billion tons of tradable carbon credits by 2050. The annual economic value of this potential may range between IDR 41.7 trillion (US$ 2.6 billion) and IDR 127.98 trillion (around US$ 8 billion), depending on the international carbon market price. The estimate considers values between US$ 5 and US$ 15 per ton of CO₂. To enable this carbon economy, President Prabowo Subianto enacted Presidential Regulation No. 110 of 2025, which sets guidelines for the carbon market and the control of greenhouse gas emissions, aligning with the country’s NDC.
Singapore launches initiatives to boost high-integrity carbon markets
On October 28, during the Singapore International Energy Week (SIEW), the government of Singapore announced new initiatives to support the development of carbon markets with high integrity. Among the highlights was the launch of the Carbon Markets Guide for Singapore-based Buyers, which provides practical guidance for local companies to responsibly purchase carbon credits. The creation of the Centre for Climate Action and Governance by the National University of Singapore (NUS), with support from the Temasek Foundation, was also announced to promote training and research in climate governance. These measures reinforce Singapore’s commitment to becoming a trusted global hub for carbon transactions, aligned with international standards and the national goal of net-zero emissions by 2050.
Singapore, Gold Standard and Verra launch Article 6.2 protocolSingapore, in partnership with Gold Standard and Verra, has published a new accreditation protocol for Article 6.2 of the Paris Agreement, establishing guidelines for the generation and transfer of carbon credits between countries. The initiative seeks to strengthen transparency and environmental integrity, offering a practical model to implement international cooperation mechanisms and support emission reduction targets. Official link.
International aviation gains new carbon credits approved by ICAOThe International Civil Aviation Organization (ICAO) published the updated October 2025 edition on eligible emission units under the CORSIA scheme, detailing the environmental and social integrity criteria that programs must meet to provide carbon credits. The document, approved by the ICAO Council with recommendations from the TAB (Technical Advisory Body), lists the authorized programs for the compliance periods 2021–2023, 2024–2026, and 2027–2029, reinforcing the importance of transparency and credibility in the international aviation offset market. Here is the press release.
Carbon Direct acquires Pachama and shakes up the carbon marketThe operation combines Carbon Direct’s expertise in consulting and developing high-quality carbon credits with Pachama’s digital platform, which uses artificial intelligence and satellite imagery to ensure greater transparency and rigor in verifying removal projects, emission offsets, and improved monitoring of forest initiatives. With the integration, companies and project developers will gain access to more sophisticated evaluation and monitoring tools, accelerating the scale of nature-based solutions and increasing confidence in the voluntary carbon market. The move signals a stage of maturity for the sector, by combining science and technology to enhance credibility and expand climate initiatives. Here is the Carbon Direct press release.
2025 State of the Voluntary Carbon Market (SOVCM), by Ecosystem Marketplace
A study released a few months ago reveals that the voluntary carbon market is in transition, with a growing focus on credit quality and integrity. Despite a 25% drop in transaction volume in 2024, prices fell only 5.5% and demand remained resilient, reflecting the sector’s adaptation to stricter standards and the preference for removal credits and recent projects. Experts point out that the new regulatory frameworks are seen as positive steps toward a more reliable, high-standard market.
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