The carbon market is evolving rapidly, driven by climate urgency, with New regulations and a growing demand for credits with high integrity standards.
From DelPlata Green We closely monitor these changes to provide strategic advice to companies and organizations throughout Latin America.
In this article, we round up the industry's top developments: from record-breaking voluntary recalls to new buyer's guides and emerging standards for Scope 3 emissions.
Record number of voluntary carbon credit withdrawals
During the first half of 2025, voluntary carbon credit withdrawals reached unprecedented levels, according to Carbon PulseThis reflects a greater commitment by companies and organizations to offset their emissions. There has also been a significant increase in more recent market registrations, which offer greater quality assurance.
👉 See full article on Carbon Pulse
2025 Buyer's Guide: What to Look for and What to Avoid
The consulting firm South Pole published its new edition of Carbon Market Buyer's Guide, a key guide for those seeking to understand and operate in this market. The document analyzes the trends that will shape the path toward 2030 and beyond: the impact of Article 6 of the Paris Agreement, integrity standards, the development of new regulations, and the role of emerging technologies.
👉 Download South Pole guide
New SBTi guidelines for updating climate targets
The Science Based Targets Initiative (SBTi) published two documents establishing new guidelines for companies with validated emissions reduction targets. First, it mandates review and update targets every five years. Second, it introduces a clearer and more transparent system of categories to show the status of public commitments.
👉 Learn about the new SBTi guides
Verra launches its standard for Scope 3 emissions projects
Verra, one of the main certification bodies in the carbon market, announced that it will launch a preliminary version of its long-awaited carbon emissions program at the end of 2025. Scope 3 (scope 3), that is, those that are generated indirectly in the value chain (such as transportation, suppliers or product use).
This new standard will allow for public registration of interventions aimed at reducing these emissions. Its final publication is planned for mid-2026 and is expected to spur new climate finance opportunities.
👉 More information on the Verra website
What do these advances mean for companies in Latin America?
These developments confirm that the carbon market is becoming more dynamic, transparent, and rigorous. Companies that already measure their carbon footprint, offset emissions, or develop projects must be aware of these transformations to remain competitive and align with international frameworks.
Besides, Significant opportunities are opening up for those who wish to finance sustainable initiatives or become certified credit providers..
Looking for advice on how to participate in the carbon market?
At DelPlata Green, we support companies throughout the region in designing and implementing climate strategies: from emissions measurement to carbon credit offsetting and trading.
👉 Contact us for personalized advice