Platts updates its Voluntary Carbon Credits Methodology to better reflect the impact of host country credit export bans

Platts, part of S&P Global Commodity Insights, has updated its Voluntary Carbon Credits methodology, effective Nov. 21, to better reflect the impact of host country credit export bans of voluntary carbon credits.

The change covers both already introduced and future export bans of VCM credits by specific host countries.

Platts has amended its voluntary carbon credit methodology to explicitly state that its voluntary carbon credit assessments reflect the most internationally fungible carbon credits laid out in the Platts Voluntary Carbon Credit Methodology.

Previously, the Platts Voluntary Carbon Credit price assessments reflected the most competitive credits by project type that meet the specifications laid out in the Platts Voluntary Carbon Credit Methodology.

The launch followed a proposal note published Oct. 10 and available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/101022-platts-proposes-to-update-its-voluntary-carbon-credits-methodology-to-better-reflect-the-impact-of-host-country-credit-ex

A decision note published Oct. 25 is available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/102522-platts-to-update-voluntary-carbon-credits-methodology-to-better-reflect-impact-of-host-country-credit-export-bans

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