- Buyers pick Fairtrade-certified credits for quality, transparency
- Higher prices, investment make them unattractive for others
- Stringent certification required for quality assurance
At a time when prices in the voluntary carbon market are gradually increasing, there is a segment proving to be even more expensive than regular carbon credits - Fairtrade-certified credits.
The current minimum prices of Fairtrade-certified premium projects are Eur14.50/mtCO2e ($17.16/mt) for forest management credits and Eur9.10/mtCO2e ($10.77/mt) for renewable energy credits. These are substantially higher than the prices prevaling in the market for regular carbon credits.
The S&P Global Platts CNC - reflecting nature-based credits - was assessed at $7.45/mtCO2e on Sept. 9 while the Platts Renewable Energy Current Year Assessment was assessed at $2.24 on the same date.