The range of carbon credit prices is quite broad, but we typically see most projects fall between 10 and 100€ per ton. Carbon credit prices can vary based on several factors, including:
- The project's financial needs, which depend on its business model and complexity
- The project's location
- The project's vintage
- The project's co-benefits
- The cost of project certification
Based on our analysis, here is a subjective classification of carbon credit prices:
- Renewable energy and non-deforestation projects in Annex B countries: 5-10€
- Reforestation projects in Annex B countries: 15€
- Reforestation projects in Europe: 20-25€
- Industrial avoidance in Europe: 30-40€
- Biobased construction storage in Europe: 50€
- Biochar projects in Europe: 100-150€
- Long-term storage innovative projects (e.g. DAC): 500€