Africa > VCM Report: Bounce in V18 standardised REDD contracts masks moribund market

VCM Report: Bounce in V18 standardised REDD contracts masks moribund market

Published 17:48 on September 25, 2023  /  Last updated at 18:17 on September 25, 2023  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Paris Article 6, South Korea, Switzerland, US, Voluntary

A slight price recovery in nearby futures for REDD avoided deforestation credits over the past week provided one of the few bullish signs for the voluntary carbon market (VCM), which remains in limbo while the first badges of integrity are readied by the cross-stakeholder body ICVCM and faces increasing competition from the rise of Paris Agreement-approved units.
A slight price recovery in nearby futures for REDD avoided deforestation credits over the past week provided one of the few bullish signs for the voluntary carbon market (VCM), which remains in limbo while the first badges of integrity are readied by the cross-stakeholder body ICVCM and faces increasing competition from the rise of Paris Agreement-approved units.


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