European Carbon Price, Sugar Production, VIVE Climate Action Verification & Celebrating Black History Month! ??

In the October edition, we explore trends in EU carbon pricing, slight growth in global sugar production, VIVE’s recent verification milestone, and an inspiring Black History Month event with guest speaker Laura Durrant!

EU Carbon Price Projected to Drop Further

• EUA prices may fall below EUR 60—and possibly under EUR 50—in coming months.
• Fossil power emissions are down 16% this year, impacting demand.
• However, a drop in EUA supply after 2026 is expected to support prices. Read more

Sugar Statshot: Global Production Slightly Increases

• Our forecast now projects 184.7 million tonnes, with a recovery in Colombia boosting production.
• Estimated global surplus has grown to 4.7 million tonnes, with an expected recovery in Mexican production for 2024/25. Read more

VIVE Climate Action Receives Circular Ecology Verification

• VIVE Climate Action’s carbon footprint tool has undergone independent verification by Circular Ecology.
• This verification confirms conformance with PAS 2050:2011 and SBTi FLAG standards in the AFOLU sector, highlighting VIVE’s dedication to scientifically grounded carbon methodologies. Learn more on VIVE’s website

Celebrating Black History Month

• We were honored to host Laura Durrant, Partner at Equitura and CEO of the Black Talent Charter, as our speaker to mark Black History Month.
• Laura’s talk focused on the critical role of diversity, equity, and inclusion in building positive organizational cultures. Explore the Black Talent Charter

As always, we're here to help you navigate the complexities of the global commodity markets. If you have any questions or would like to speak to one of our experts, please don't hesitate to get in touch.

Until next time,

Team CZ