Platts proposes to launch project-specific price assessments for SE Asia Nature-based Avoidance carbon credits March 2

Platts, part of S&P Global Energy, proposes to launch project-specific price assessments to capture the value of carbon credits from nature-based avoidance projects in Southeast Asia, effective March 2, 2026.

These new assessments would better capture the price differentiation between different REDD+ projects, which show considerable variation in value.

The nature-based avoidance category primarily comprises REDD+ projects. REDD+ refers to "Reducing Emissions from Deforestation and Forest Degradation," with the "+" encompassing conservation, sustainable forest management and enhancement of forest carbon stocks.

However, Platts has observed considerable price differentiation within REDD+ projects driven by the underlying AFOLU (Agriculture, Forestry and Other Land Use) activity. AFOLU represents a category of activities that influence greenhouse gas emissions through land-use changes. Within REDD+, AFOLU activities are a primary determinant of price differentiation due to their impact on project complexity, permanence, leakage risk and co-benefits such as biodiversity and community development.

As such, Platts proposes to launch the following assessments, with the specifications listed below:

The assessments would have the following specifications:

• Currency: US Dollars
• Annual rollover: Assessments will roll on the first working day of the calendar year. For example, for assessments on March 2, 2025, the Current Year assessments will reflect credits for delivery in 2026.
• Frequency: Daily
• Timestamp: 1730 Singapore Time
• Publishing calendar: APAC Carbon Calendar

Further details on Platts' carbon assessment specifications can be found here.

Please send all comments, feedback and questions to platts_carbon@spglobal.com and pricegroup@spglobal.com by Jan. 23.

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.