January 5, 2024

Day

The dire consequences of climate change necessitate vast amounts of funding to curb emissions and restore our planet’s ecosystems. As a critical component in this fight, the voluntary carbon market (VCM) has the potential to marshal tens of billions of dollars needed to finance projects that reduce emissions and drive significant ecosystem conservation efforts. But...
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Sharp declines in carbon credit prices in 2023 have clouded the outlook for the voluntary carbon market, or VCM, in 2024, with market participants pessimistic about a swift recovery after questions arose regarding the integrity and credibility of nature-based REDD+ credits issued by Verra. Verra is a major standard for certifying carbon credits to offset...
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