Voluntary Carbon Credit buyers willing to pay more For quality
December 04, 2023 | Carbon credits |
The latest "State of the Voluntary Carbon Markets 2023" report by Ecosystem Marketplace reveals a significant shift in the Voluntary Carbon Market (VCM). Despite a 51% decline in transaction volumes, there's an 82% surge in average carbon credit prices, reaching a 15-year high. Smaller yet dedicated purchasers are consolidating the market, showing a preference for high-integrity and high-quality voluntary carbon credits with co-benefits. Nature-based credits, constituting 46% of the market, saw prices more than double. Credits with environmental and social co-benefits commanded a 78% price premium, emphasizing buyer preference for projects aligned with UN Sustainable Development Goals. Newer credits and CORSIA-eligible credits also commanded higher prices. The report underscores a market shift towards integrity and quality, reflecting increased buyer sophistication.
Viewed Articles
December 04, 2023 | Carbon credits |Â The latest "State of the Voluntary Carbon Markets 2023" report by Ecosystem Marketplace reveals a significant shift in the Voluntary Carbon Market (VCM). Despite a
Read More
June 08, 2024 | CNA, Taiwan |Â Changhua County, a major agricultural hub in Taiwan, is making strides in sustainability. Grape farmer Wu Wuming has adopted non-toxic cultivation methods to protect the
May 08, 2024 | Carbon credits | Source | Germany’s climate solutions giant, Callirius AG, has partnered with Cula Technologies to expand efficient biochar projects, addressing quality concerns and boo
March 12, 2024 | ESGtoday |Â The European Parliament overwhelmingly voted (467-65) to approve regulations targeting greenwashing, aiming to safeguard consumers from misleading environmental claims made
March 3, 2025 | UDN (In Chinese) |  Zhixian Pig Farm (å¿—è³¢ç•œç‰§å ´) in Kaohsiung has become Taiwan’s first privately owned pig farm to receive Renewable Energy Certificates (RECs) for biogas power generation
May 10, 2024 | Environmental Information Center (Taiwan) | Source |Â In Taiwan, the Miaoli District Agricultural Improvement Station collaborated with Taiwan Yi Ecological Leisure Farm to achieve a sig
