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Moving into 2024 with Momentum
Carbon markets moved through rough waters in 2023, notably due to a few media stories that alleged lack of integrity in certain emission reduction project types and in the actions of some large market players. This is not unusual in the context of markets, and after associated course corrections, the year still ended on a strong note, showing significant growth potential ahead. In 2023, ACR issued more than 37 million carbon emission reduction and removals credits — representing 30% growth over 2022 issuances — and reported record credit retirements up 75% from 2022.
Snapshot of ACR Impact through the End of 2023
Download the full report for accomplishments and insights from 2023.