Report highlights
Investment into high-integrity continues
Nature-based investments reached a record $9bn of funding announced in 2025, with overall market funding remaining strong at $15.8bn to support the next wave of carbon credit supply.
Contracting for future supply has taken off
The market saw a 58% increase in the value of forward (VERPA) carbon credit deals in 2025, mainly for engineered carbon removal solutions.
Compliance schemes are driving demand
CORSIA is structurally changing market demand prospects for the coming years, with the scheme set to add around 78mn tonnes of new demand in 2026.
Authors
Our fifth annual market overview captures the key market and regulatory developments impacting the demand, supply and price of carbon credits, as well as their acceptability and use across compliance, voluntary and international markets.
Download the report to understand:
- The critical demand drivers, from industry guardrails shaping the path for corporate credit buyers, to international initiatives, to compliance systems that overlap with voluntary carbon markets.
- How carbon credit methodologies continue to evolve towards high integrity, and how supply is changing to match both buyer preferences and demand from compliance schemes.
- How strong industry investment is delivering the next wave of carbon credit supply, as well as the evolution of carbon credit prices towards the end of the decade.
It’s by considering all these dimensions that the future of carbon markets can truely come into focus. We hope you find the insights in this report useful for illuminating your path forward.