Energy Transition, Carbon, Emissions
April 04, 2025
Platts proposes to launch new regional VCM assessments for Asia, Americas
Platts, part of S&P Global Commodity Insights, is proposing to launch new Voluntary Carbon Market assessments to reflect regional liquidity in the Asia and Americas Carbon segments, effective June 2, 2025.
Platts recognizes the continuing relevance of geography for the value of voluntary carbon credits, as well as a growing market appetite to understand the value of credits from specific project types within a specific region.
Platts is proposing to add the following assessments:
Biochar, India
To reflect growing liquidity in Asia for biochar projects, Platts is proposing to launch an assessment that reflects the value of biochar credits issued from projects in India, for which there is a growing spot market.
This assessment would reflect the most competitive of the most fungible carbon credits, issued by biochar projects in India. The proposed specifications are as follows:
| Specifications | Biochar, India |
| Volume | 500-30,000 mt |
| Standards | Puro.Earth, Isometric |
| Vintage | Vintages of the last five years, including current year, which will roll on the first business day of the third quarter. For example, for assessments on July 1, 2025, Platts would reflect credits with vintages from 2021 to 2025. |
| Co-Benefits | N/A |
| Geography | India |
| Delivery | Current Year |
| Reference Basis | Puro. Earth-certified industrial Biochar projects in India |
| Time Stamp | 1730 Singapore time |
The assessment would follow the Platts APAC Carbon Pricing Holiday calendar and be published in $/mtCO2e.
Nature-Based Avoidance, South America
To reflect growing liquidity in South American-based projects, Platts is proposing to launch a South American Nature-Based Avoidance price assessment.
The proposed assessment would reflect the most competitive of the most fungible carbon credits issued by nature-based avoidance projects that avoid GHG emissions.
The proposed specifications are as follows:
| Specifications | Nature-Based Avoidance, South America |
| Volume | 5,000-50,000 mt |
| Standards | VCS, Biocarbon, Cercarbono |
| Vintage | Vintages of the last five years, including the current year, which will roll on the first business day of the third quarter. For example, for assessments on July 1, 2025, Platts would reflect credits with vintages from 2021 to 2025. |
| Co-Benefits | N/A |
| Geography | Brazil, Colombia, Ecuador, Peru |
| Delivery | Current Year |
| Reference Basis | VCS certified REDD+ projects in Brazil |
| Time Stamp | 1:30 CST |
The assessment would follow the Platts US Pricing Holiday calendar and be published in $/mtCO2e.
Please send all comments, feedback, and questions to platts_carbon@spglobal.com and pricegroup@spglobal.com by May 4, 2025.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.