Art of Integrity: State of Voluntary Carbon Markets 2022 Q3
Pursuing quality during a period of explosive growth – VCM value in 2021 quadrupled over 2020! New Ecosystem Marketplace data shows that total market value for voluntary carbon markets transactions in 2021 was nearly $2B, with a surge in transactions coming late in the year. That is a nearly four-fold increase from 2020 transactions ($520 million).
About Ecosystem Marketplace
Ecosystem Marketplace, an initiative of the non-profit organization Forest Trends, is a leading global source of information on environmental finance, markets, and payments for ecosystem services. As a web-based service, Ecosystem Marketplace publishes newsletters, breaking news, original feature articles, and annual reports about market-based approaches to valuing and financing ecosystem services. We believe that transparency is a hallmark of robust markets and that by providing accessible and trustworthy information on prices, regulation, science, and other market-relevant issues, we can contribute to market growth, catalyze new thinking, and spur the development of new markets and the policies and infrastructure needed to support them. Ecosystem Marketplace is financially supported by a diverse set of organizations including multilateral and bilateral government agencies, private foundations, and corporations involved in banking, investment, and various ecosystem services.