In June 2021 we published a report detailing findings from our proprietary research into voluntary carbon markets (VCMs). Based on our analysis of market dynamics, we stated that VCMs were experiencing significant upward price pressure.
This proved to be correct.
During the second half of 2021, we saw exactly this trend of increasing carbon credit prices play out. In November 2021, the value for the 2021 voluntary carbon credit market breached $1billion. Headlines from leading publications including BloombergNEF, Financial Times, S&P Global and Ecosystem Marketplace confirmed that our prediction of rapid market growth had come to pass.
This year, we ran the numbers again. What did we learn?
Download the report here find out.
We answer the following questions:
- Why voluntary carbon credit prices might be increasing?
- What the impact of higher carbon credit prices might be?
- What the key trends impacting voluntary carbon markets in 2022 are?
Data analysis was carried out by Oliver Gough, Strategy Lead, and insights were provided by Oliver Gough, Ben Rattenbury, VP of Policy and Patrick Fitzgerald, VP of Commercial Development.