2023 State of the Voluntary Carbon Market
Publication Date:
Jan 01, 2023
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The Carbon Direct State of the Voluntary Carbon Market report provides carbon credit purchasers, project developers, and policymakers with a snapshot of key trends and market developments. The market has grown significantly over the past decade, with issuances reaching nearly 300 million tonnes per annum (tpa) in 2021.
This year’s report includes insights from an analysis of the four major registries on the Voluntary Registry Offsets Database (VROD), the developing high-durability registries, and anonymized data from Carbon Direct’s in-depth diligence evaluations on hundreds of carbon removal projects. See Appendix for more information on our data sources and methodology.
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