Among the 2021 new entrants in voluntary carbon markets, oil and gas majors, hedge funds and banks were heard as the most active players, resolutely taking positions in the market. But as the year unfolded, many other sectors of the economy join...
New report from Ecosystem Marketplace on voluntary carbon markets finds 2021 is on track for annual market value record of $1 Billion+ for the first time, as all-time market value hits $6.7 Billion. Based on growing global network of 172 EM Respondents (13% i...
Voluntary Carbon Markets hit a record $1 Billion in 2021 as new trades are reported by EM Respondents. This special State of the Voluntary Carbon Markets (SOVCM) bulletin from Ecosystem Marketplace shows that prices are on the rise and that proje...
Our annual overview of the voluntary carbon market is out! Take a look at how the market has evolved over the past year, what the leading trends are, and what records were broken over 2021. This deck covers a complete overview of 2021 data, powered by ourVCM Dashboard. Key takeaways: ...
Aftersoaringin 2021, voluntary markets for carbon credits slumped last year after a series of reports and investigations took aim at the quality and integrity of the projects underlying the credits. Overall demand for such credits, which represent (or at least purport to) a ton of carbon ...
California Voluntary Carbon Market Disclosures Act (VCMDA) Disclosures Bank of America Corporation and its subsidiaries comprise a global financial services firm (BofA). BofA makes the following disclosures pursuant to The California Voluntary Carbon Market Disclosures Act (VCMDA) requiring businesses to ...
Over the last three years, corporate interest in voluntary carbon markets has almost tripled, and this trend has seemed to resist the COVID-19 economic fallout. If managed well, this market has the potential to become a very significant driver of mitigation action, in particular in developing ...
On January 27, 2021, the Taskforce on Scaling Voluntary Carbon Markets (TSVCM) published its blueprint on creating a large-scale, transparent carbon credit trading market. A related summary and FAQs were also published. "Voluntary" carbon markets can be distinguished from mandatory or formal carb...
models, develop credible plans for the transition and implement them." In the report, the Task Force lays out carbon market principles and taxonomy, reference contracts, and a blueprint for managing trades, financing and data; and perhaps most importantly, maintaining the integrity of t...
The 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") published a blueprint for a voluntary greenhouse gas or carbon market in its 10 November 2020 Consultation Document. The Taskforce's Consultation Document includes recommended actions