5 VCM quality and pricing insights from the first half of 2025

Driving Quality and Transparency in the Voluntary Carbon Market

Earlier this year, ClearBlue Markets and Calyx Global launched two new indices setting a benchmark for quality and price-quality trends in the Voluntary Carbon Market (VCM). Our new mid-year report presents the key findings and analysis from the first half of 2025.

Key Insights from H1 2025:

• Decreased Issuances, Increased Integrity

• Record Retirements

• Stabilized Pricing Reflects GHG Integrity

• Substantial T1 Premium

• T2 Strength from Key Projects

Inform Your Carbon Credit Strategy

These findings indicate a promising direction for the Voluntary Carbon Market. Download our mid-year report to gain deeper insights from the Calyx Global & ClearBlue Markets Carbon Indices and inform your carbon credit strategy for the remainder of 2025.

Leveraging the Carbon Indices That Track Quality and Price Over Time

Calyx Carbon Integrity Index™ – Uses the most extensive dataset of project-level greenhouse gas integrity ratings to track the quality of issuances and retirements in the VCM.

Calyx-ClearBlue Carbon Price-Integrity Index™ – Aggregates 2,000 pricing data points from ClearBlue Markets and 800 integrity ratings from Calyx Global to show how credit pricing aligns with quality.