Navigating the voluntary carbon market.
Looking at data from over 4,500 certified carbon avoidance and removal projects across five certifying standards, the whitepaper “Navigating the voluntary carbon market” investigates the current state of voluntary carbon credits with regard to technologies, geographies, prices, and available volumes.
Among others, our key findings show that:
- Only 3% of verified carbon credits can be classified as carbon removal, which accounts for a total amount of around 13M credits available
- 50% of climate protection projects have co-benefits certified
- <1% of carbon credits available in the market today enable removal with long-term storage
- More than 40% of both credits and activities come from Renewable Energy Technologies