The Voluntary Carbon Market Report, released by Ecosystem Marketplace and Bloomberg New Energy Finance, provides a market-wide perspective on trading volumes, credit prices, project types, locations, and the motivations of buyers in this market. Findings are based on data voluntarily reported by 200 offset suppliers, as well as exchanges and registries. Because of the challenges of inventorying and obtaining data from this disaggregated marketplace, numbers presented should be considered conservative.
The worldwide carbon markets can be divided into two segments: the voluntary markets and the regulatory (compliance) markets. As the name implies, the voluntary carbon markets include all carbon credit trades that are not required by regulation. The voluntary carbon markets themselves have two components: the Chicago Climate Exchange (CCX), a voluntary but legally binding cap-and-trade system, and the broader, non-binding “Over-the-Counter” (OTC) offset market. The categories overlap in that numerous CCX validated offsets have actually been traded outside the exchange in OTC deals.
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