Definition

Voluntary Carbon Market

Definition for Voluntary Carbon Market. Every fact below is a verbatim quote from a real document we have stored. ↩ See the full Record

Voluntary Carbon Market — Voluntary Carbon Market recorded a ~61% collapse in traded value in 2023, to $723M from $1.9bn in 2022 ↗

Supporting facts
  • cumulative VCM value ~$10.8bn as of 2023 ↗
  • VCM allows companies, organisations and individuals to voluntarily purchase and sell carbon credits. ↗