Voluntary carbon market could reach $1 trillion valuation under right rules, say analysts

Published 21:55 on January 23, 2023  /  Last updated at 08:14 on January 24, 2023  /  Nature-based, Voluntary  /  No Comments

The value of the voluntary carbon market (VCM) could approach $1 trillion as soon as 2037 if stakeholders adopt more rigorous quality standards and put a greater emphasis on carbon removal, analysts said in a report published Monday that stated such developments would solidify market confidence, lift prices, and drive demand.

The value of the voluntary carbon market (VCM) could approach $1 trillion as soon as 2037 if stakeholders adopt more rigorous quality standards and put a greater emphasis on carbon removal, analysts said in a report published Monday that stated such developments would solidify market confidence, lift prices, and drive demand.

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