Read our report to understand what trends are shaping the VCM and what this means for both new market entrants and large-scale, long-term buyers of carbon credits.
The voluntary carbon market is becoming more sophisticated and dynamic while prices of carbon credits are predicted to keep climbing. COP26 solidified the potential of carbon markets to play a significant role in the transition to global net zero. And for the first time ever, the voluntary carbon market almost peaked US$1 bn in 2021.
The voluntary carbon market is becoming more sophisticated and dynamic while prices of carbon credits are predicted to keep climbing. COP26 solidified the potential of carbon markets to play a significant role in the transition to global net zero. And for the first time ever, the voluntary carbon market almost peaked US$1 bn in 2021.
Many companies have pinned their climate strategies on existing carbon prices, so understanding the market today and how it might look in the future has never been more important – both for companies to achieve their targets and global climate action.
Michael Weber, Director Carbon Portfolio, South Pole
Setting science-based net zero targets is crucial for any credible corporate climate journey.
South Pole's 2021 report on Net Zero.