This update provides a summary of key developments across global compliance and voluntary carbon markets, and emerging environmental markets. It draws on select data, commentary and insights available in full in the Carbon Intelligence Package.
Highlights from the September edition
Regional carbon markets:
- Australian carbon market: Generic ACCUs eased through September to close at AU$38.40as selling pressure carried over from August, while the Safeguard Mechanism Review remained the main policy of focus.
- New Zealand carbon market: NZU prices fell to a monthly low of NZ$46.00 before recovering to close the month at NZ$52.60.
- Singapore market: Singapore launched the second stage of a tender seeking at least 12 million international carbon credits to support its 2030 and 2035 climate targets.
Voluntary carbon market:
- Registry activity was mixed, with Verra retirements outpacing issuance and the reverse in Gold Standard, while buyers continued to favour credits carrying stronger quality signals.
CORSIA market:
- CORSIA-eligible supply continued to expand through September, while several Asian airlines completed the largest run of CORSIA credit retirements to date.
Article 6 market:
- Article 6 activity in September centred on the transition from the Clean Development Mechanism to the Paris Agreement Crediting Mechanism, with the bottleneck now sitting with developers rather than host countries.
Sustainable Aviation Fuel credits
- Retirements of SAF credits representing 32,116 tonnes of SAF were recorded in September, the highest volume since December 2025 and equivalent to approximately 106,224 tCO₂e of abatement.