Search
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
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
Read More
Taiwan expands ESG disclosure and sustainability guidelines to boost corporate accountability and green finance
March 15, 2025 | Agri-harvest (In Chinese) |  Starting in 2025, all listed companies in Taiwan are required to publish environmental, social, and governance (ESG) sustainability reports, marking a maj
Taiwan’s first-ever floral carbon audit: Carbon footprint of Phalaenopsis orchid seedlings revealed
June 10, 2026 | Central News Agency (CNA) | (In Chinese)Taiwan's Floral Industry Innovation Center, under the Ministry of Agriculture, completed the island's first carbon footprint inventory f
IRRI joins global effort to modernize GHG measurement guidelines for rice
June 2, 2026 | International Rice Research Institute (IRRI) |IRRI joined rice and climate researchers from FAO, AfricaRice, IRTA, the Alliance of Bioversity International and CIAT, and NARO at a write
Indigo Carbon surpasses 2 million soil carbon credits in landmark 1.1 million issuance
February 26, 2026 | Carbon Credits | Indigo Carbon announced its verified climate impact from U.S. croplands has exceeded 2 million metric tons after a new issuance of 1.1 million carbon credits throu
Kaohsiung's first Renewable Energy Certificate (REC) awarded to a pig farm: turning manure into green gold
March 3, 2025 | UDN (In Chinese) |  Zhixian Pig Farm (志賢畜牧場) in Kaohsiung has become Taiwan’s first privately owned pig farm to receive Renewable Energy Certificates (RECs) for biogas power generation
TOP