February 22, 2024

Day

Voluntary carbon markets (VCMs), characterized by buyers voluntarily purchasing and trading offsets generated from emissions reduction or removal projects, have been at the center of a contentious debate. Proponents of VCMs argue that they play a crucial role in increasing climate finance and facilitating companies’ efforts to achieve their net-zero targets. These markets offer companies...
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In its 2024 Carbon Market Outlook, an influential analyst report highlights the crucial role of quality standards in driving the prices of carbon offsets within the Voluntary Carbon Market (VCM). The report underscores that without the implementation of more robust and stringent standards, the current stagnation in carbon offset prices is likely to persist. The...
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