Carbon markets around the world faced a dynamic and challenging year in 2024. As the global landscape continues to evolve, staying informed about key trends, regulatory shifts, and price movements is essential for organizations navigating compliance and voluntary carbon markets.
Our latest State of Global Carbon Markets: Q4 2024 report is free to download and offers a comprehensive analysis to help you strategically position your carbon strategy in 2025 and beyond.
What’s Inside:
- Market Trends and Price Movements: Discover how significant events shaped price dynamics in compliance and voluntary carbon markets. Highlights include California Carbon Allowances (CCA) reactions to delayed program reviews, sharp gains in RGGI allowances, and Q4 volatility in Low Carbon Fuel Standard (LCFS) prices.
- Regulatory Updates and Policy Shifts: Explore the latest regulatory changes influencing market fundamentals, such as updates from the European Commission, Canadian Clean Fuel Regulations, and emerging frameworks in Asia-Pacific regions.
- Voluntary Market Performance: Gain insights into issuance and retirement trends, with proprietary indices revealing sector-specific performance for nature-based, renewable, and technology-driven offset projects.
- Regional Perspectives: Analyze developments across North America, Europe, Asia, and Oceania, including shifts in renewable energy certificate (REC) markets and updates on cross-border carbon trading initiatives.
Why Download the Report?
This report offers a taste of ClearBlue’s high-calibre Market Intelligence service, and equips decision-makers with a knowledge foundation to:
- Identify Risks and Opportunities: Understand market signals that could influence your organization's carbon credit strategies.
- Optimize Investments: Leverage proprietary pricing data and expert analysis to guide your offset procurement and trading decisions.
- Navigate Regulatory Landscapes: Stay ahead of the curve with detailed updates on evolving policies and compliance mechanisms.
- Support Sustainability Goals: Align your strategy with emerging market trends and ensure impactful, cost-effective climate action.
A Snapshot of Key Takeaways:
- California Carbon Allowances ended 2024 down 14%, reflecting cautious sentiment due to delayed regulatory proposals.
- RGGI allowances saw a 60% increase year-over-year, driven by shifts in power generation demand.
- European Union Allowances (EUAs) were shaped by speculative investment and natural gas price fluctuations, with high volatility persisting.
- Voluntary offsets faced varied performance, with nature-based projects seeing moderate declines while technology-driven offsets experienced sharper price drops.
Drive Your Strategy Forward
Free to download, ClearBlue’s State of Global Carbon Markets reports are a helpful resource to refine your carbon market approach and navigate uncertainty with confidence. Paired with our timely and intensive Market Intelligence updates tailored per global market and delivered via Vantage, our carbon intelligence platform, ClearBlue clients seeking to mitigate compliance costs, uncover trading opportunities, or align with sustainability goals,are equipped for success in the rapidly evolving carbon markets.
Contact us to learn more or to discuss how ClearBlue can advance your carbon strategy.