International > Economic downturn splits VCM market into two, surplus in offsets grows

Economic downturn splits VCM market into two, surplus in offsets grows

Published 18:26 on July 27, 2022  /  Last updated at 18:36 on July 27, 2022  / Paddy Gourlay /  International, Voluntary

The deteriorating global economic outlook has split the voluntary carbon market (VCM), with a top half seeking to trade and retire more expensive nature-based solutions and a bottom half seeking out cheaper and older vintages, according to analysts.
The deteriorating global economic outlook has split the voluntary carbon market (VCM), with a top half seeking to trade and retire more expensive nature-based solutions and a bottom half seeking out cheaper and older vintages, according to analysts.


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