The most active buyers in the market are the energy, consumer goods, and finance and insurance sectors. 2020 was already a banner year for voluntary carbon markets, continuing 2019’s strong growth trajectory despite the emergence of COVID-19, says Donofrio-making 2021’s performance all the more striking. The combined value of those deals is becoming a serious source of finance for green projects around the world.”ĭata from the State of the Voluntary Carbon Markets 2021 shows that as of 31 August 2021, voluntary carbon markets had already posted $748.2M USD in sales for 239.3 million credits, each representing one ton of carbon dioxide equivalent, reflecting a 58% year-to-date jump in value (up from $472.9M), and growth in credit volume of 27% over 2020 performance (up from 188.2 million credits transacted). There’s an increase in speculators purchasing credits. It’s not just companies who are buying carbon credits as a small piece of their corporate net-zero strategy. ![]() “The markets are on track to hit $1 billion in transactions this year if current levels of activity and growth continue. “We’re seeing record market volume and value in 2021,” said Stephen Donofrio, a lead report author and Director of Ecosystem Marketplace. In the first eight months of 2021, voluntary carbon markets have already posted a near-60% increase in value from last year, driven by corporate net-zero ambition and growing interest in carbon markets to achieve Paris climate goals, a new report finds.
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