The Maturing Carbon Market: Carbon Pricing, Removals & Risk in 2025 - Magnus Drewelies

Carbon markets are evolving fast — but is the demand side keeping up?In this episode, Magnus Drewelies (Founder & CEO of Ceezer) joins Edward and Rene to unpack key insights from the World Bank’s 2025 State and Trends of Carbon Pricing report and explore what’s really happening in carbon credit markets.We discuss the rapid rise of carbon removals, especially nature-based solutions — and the shift toward forward purchases and long-term offtakes. But as Magnus explains, this isn’t a supply problem. The real constraint is on the buyer side: price uncertainty, unclear rules, and fragmentation are slowing scale.Also in this episode:- The Vietnam ETS and the return of offsets in compliance markets- What nearly 1 billion unretired credits mean for price confidence- Institutional capital: what’s blocking it, and how to unlock it- Why market maturity depends on more than just better MRV