News & Updates

2024 is Shaping up to be a Good Year for the VCM

January 22, 2024
The VCM faced a lot of criticism in 2023, but 2024 is shaping up to be a year of correction and improvement. Steps are being taken to reform and exclude problematic projects, signaling a positive market shift!
🌲 Excluding flawed REDD credits and certain renewable energy projects is a major move towards market correction, reducing low-quality credits. While this may create short-term uncertainty, it sets the stage for a stronger, quality-driven carbon market.
🌟 High-integrity projects are emerging, with over 125 rated “A” or “B” in a recent analysis. These projects span various sectors, offering hope for a higher integrity “Carbon Market 2.0.” New incentives, like quality labels and credit ratings, are encouraging the development of better credits. 🌿
🌐 The shift towards integrity in carbon markets is underway, driven by incentives favoring quality over quantity. With new players and initiatives, the future promises a reset, where integrity is key, and scale follows.
Let’s build integrity for a sustainable carbon market! For more information, click here!

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