CABIDA, the platform promoted by Cesefor, closed its first public auction of forest carbon credits today, October 9, after two weeks in which it made 55 certified lots and more than 8,000 credits available to the market.

The closing of this first edition marks a milestone for the sector: it is the first time that the Spanish forestry market has a public auction mechanism for its carbon credits, a further step towards a more transparent and accessible market for forestry projects of any size.

As with any pilot phase, this first call for proposals provides CABIDA with valuable lessons, which the team is already incorporating in preparation for the next auction, the date of which will be announced soon.

CABIDA and Fundación Cesefor express their gratitude for the trust shown by the promoters who joined the platform from day one, and reaffirm their commitment to continue working to boost the forest carbon market in Spain.