Voluntary Carbon Markets - Developers Overview 2021
Last updated: 20 Jan 2023
Download the first report analysing the state of the global carbon project developer ecosystem.
With increasing pressure on corporations to show climate action, the demand for carbon credits in the voluntary carbon market (VCM) is expected to grow x5-10 over the next ten years. By 2050 it is expected to reach between 1 and 3 billion metric tons of CO2 equivalent (MtCO2e) in 2020.
Understanding the state of the carbon project developer ecosystem and its level of maturity can inform procurement decisions by buyers of carbon credits and outline the market's ability to deliver on the integrity claims and volumes needed. It will also shed light on the developers that are actively contributing expertise and know-how to the growth of this market.
We have analysed aggregate data across project developers which report to the four major carbon credit registries – Verra's Verified Carbon Standard (VCS), Gold Standard (GS), Climate Action Reserve (CAR) and the American Carbon Registry (ACR). The data is based on the Berkeley Carbon Trading Project and includes proprietary data from Abatable.
Unlike other research reports that focus on a project type or registry-specific profiling, this report seeks to lay out key developer-level observations and better understand supply-side implications for the global voluntary carbon market.
Abatable is a market intelligence and carbon procurement platform connecting corporate buyers, carbon project developers and intermediaries. Abatable helps corporates purchase high-quality credits to offset their hard-to-abate emissions. Get in touch if you are interested in learning more about our platform and how we can work together.