This graphic shows the indicative flow of project-based carbon credits to various end-use sources of demand. In the past, most credits were used by companies for corporate offsetting in the voluntary carbon market (VCM), with some use in national/regional compliance carbon markets. This picture is beginning to shift to include new sources of demand for credits in the emerging compliance carbon markets, both national and under the UN.
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26 January 2026
The European Union’s Carbon Border Adjustment Mechanism (CBAM) began its so-called ‘definitive regime’ phase on 1st January this year, meaning the tariff mechanism has moved from a reporting obligation to a real-world cost for companies...
15 January 2025
Under CCS, carbon emissions are captured and permanently stored, for example in geological storage sites.
23 December 2025
Carbon Capture, Utilisation and Storage (CCUS) is a method of reducing carbon dioxide emissions by trapping the gas for industrial use or permanent storage, preventing its release into the atmosphere.
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