Carbon3

CBAM is usually described as a cost for Korean steel. The more interesting reading is that it is an investment signal for Korean steel's customers. Mission impossible Possible Partnership's latest report on South Korea puts numbers on the pressure: around $7.7bn of Korean exports will sit under the EU CBAM once coverage extends to vehicles and machinery from 2028. The report's core finding, though, is about demand. Korea can build any clean steel route, but appears just once in the global green steel offtake tracker, a 200-tonne trial delivery. Compare Stegra, the first commercial-scale green steel project to reach financial close, which had locked binding offtake for roughly 60% of capacity with buyers including Mercedes-Benz AG, BMW Group, Volvo Group and IKEA before financing was decided. Every tonne of CO₂ removed from Korean steelmaking reduces the CBAM bill of the European company importing that steel, at a projected EUR 145/tCO₂ in 2030. The same tonne also reduces that importer's Scope 3 inventory. One physical reduction, two returns: a regulatory saving and a verified emissions claim. That gives importers a direct financial reason to co-fund decarbonization upstream in Korea, through long-term offtake, forward purchases, or capital participation in new production routes. German automakers are already doing exactly this with hydrogen-based steel projects in China. The same inbound capital could flow to Korea; what is missing is the market infrastructure to structure it. The report counts 1.4 Mt of Korean clean steel demand tied to Scope 3 targets and calls it "directional, but not bankable." That gap between intent and contract is precisely what insetting is built to close. Carbon3 provides the infrastructure that lets a buyer co-fund verified emission reductions inside its own value chain and receive auditable inset credits in return, with attribution kept consistent from furnace to final declaration and no double counting. This is not offsetting: the investment lands in the buyer's own supply chain, and the physical low-carbon steel still has to flow. Carbon-conditioned trade will keep expanding through the 2030s. The countries that convert that pressure into inbound investment, rather than treating it as a tax, will set the terms. Visit Carbon3 to learn more and pilot your projects with us https://carbon3.net/ Report and image source: https://lnkd.in/em-5YBuN #GreenSteel #CBAM #Scope3 #Insetting #IndustrialDecarbonization

🇪🇺 The Europe Outlook by C3 is here. Carbon costs at the EU border become a commercial reality, and verified emissions data starts to shape market access. But the challenge for many supply chains is not just compliance, it is finding practical ways to finance reductions further upstream. For companies and their suppliers, this creates both pressure and opportunity. 🧭 Insetting provides a structure that can channel capital into verified reductions inside supply chains rather than treating the border levy as the only response. This report maps the landscape and the financing pathways that are emerging. #Decarbonization #EU #Insetting #CBAM #Scope3 #Insetting

Clean-energy innovation does not end when a technology becomes commercially available: the IEA identifies around 115 commercially ready technologies that remain undeployed, including nearly 80 that have been ready for more than five years. Closing that gap requires market creation, not just better technology. Key elements like credible demand, offtake, policy support and financing will help unlock commercial success. #CleanEnergy #ClimateTech #EnergyTransition #Innovation #IndustrialDecarbonization

The Africa Outlook by C3 🌍 The continent holds some of the world’s most valuable resources for the energy transition and exceptional solar potential. 🔋 Critical minerals that power batteries, clean technologies, and some of the lowest-cost opportunities for real emissions reductions. Yet the continent still captures only a fraction of the investment and capacity needed to turn those advantages into lasting economic value. 🧭 Scope 3 investment through insetting creates a direct link between companies that need credible supply-chain reductions and African industries that can deliver them. That link can unlock capital for projects in agriculture, mining, geothermal power and green ammonia. This outlook explores how this financing channel is developing. #Decarbonization #Scope3 #Africa #ClimateFinance #Insetting

The Middle East Outlook by C3 is here 🌍 The Gulf is moving to rebuild part of its export model around hydrogen and ammonia. Record-low solar costs are making this possible at a competitive scale. At the same time, methane rules and buyer expectations around Scope 3 are raising the bar for credibility. Insetting is emerging as one practical way to connect verified reductions to the products that already leave the region. The opportunities are not only to produce differently. It is to connect those reductions to the cargoes that already move across the world. 🧭 This outlook sets out the key dynamics for 2026 and the years ahead. #Decarbonization #MiddleEast #Hydrogen #ClimatePolicy UAE Carbon Alliance, IETA, Global Carbon Council (GCC), Gulf Organisation for Research & Development (GORD), Gulf Organization for Industrial Consulting (GOIC), OAPEC 1, Masdar (Abu Dhabi Future Energy Company)

The IMO's Net-Zero Framework now has a decision date: 4 December 2026, when MEPC resumes its Second Extraordinary Session after MEPC 85. For anyone running a fleet, the practical problem is not the outcome. It is the option value of waiting. Every month the price signal stays undefined is a month in which a fuel-switching decision looks better deferred, and in which a first-mover supplier struggles to reach FID without an offtake. Regulation will arrive. It will arrive later than the assets need it to. Until then Carbon3 provides the part that does not require a treaty: making a verified reduction at the vessel financially visible to the cargo owners who carry it as Scope 3, so abatement can be co-financed by the value chain rather than deferred until a compliance price forces it. Insetting is not a substitute for the framework — it is what can move while the framework is being agreed. The companies acting before December are not betting against the IMO. They are refusing to let the calendar set their capital plan. Source International Maritime Organization https://lnkd.in/dV4uPbPZ #Maritime #IMO #Scope3 #Insetting #GreenShipping #Insetting

North America remains one of the most important regions for global Scope 3 finance, even after recent federal policy shifts. 🌎 The reasons are structural rather than political. State carbon systems continued. Support for carbon capture held. Companies found ways to structure verified reductions across borders through insetting and compliance stacking. The challenge is no longer whether action continues. It is how to connect and monetize that action to credible, supply-chain-specific outcomes. 🧭 This outlook sets out the key patterns taking shape in 2026 and beyond. #Decarbonization #NetZero #Insetting #Climate #Scope3

Sustainable debt is now a nearly $7 trillion market, but Q1 2026 showed that growth is becoming more uneven. Green bonds held up; the weakness was concentrated in sustainability-linked debt, sustainability bonds, and emerging-market issuance. #SustainableFinance #GreenBonds #ClimateFinance #ESG #DebtMarkets #TransitionFinance #EmergingMarkets

The verdict is in.