Africa > VCM Report: Prices sink further as buyers retreat and sovereigns perk up

VCM Report: Prices sink further as buyers retreat and sovereigns perk up

Published 18:05 on May 22, 2023  /  Last updated at 23:37 on June 9, 2023  / Paddy Gourlay /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Other APAC, South & Central, Voluntary

Prices for carbon credits continued to sink lower over the past week, particularly for older vintages, as the long term bearish direction accelerated amid a whirlwind of African country initiatives to muscle into both the voluntary market and its sovereign nation rival under Article 6 of the Paris Agreement.
Prices for carbon credits continued to sink lower over the past week, particularly for older vintages, as the long term bearish direction accelerated amid a whirlwind of African country initiatives to muscle into both the voluntary market and its sovereign nation rival under Article 6 of the Paris Agreement.


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