OnthePathtoMaturityStateoftheVoluntaryCarbonMarket2024OnthePathtoMaturityStateoftheVoluntaryCarbonMarketStateoftheVoluntaryCarbonMarket20242024Author:AlexProctonEditors:CharlotteBarber,GenevieveBennett,CheyenneCoxonResearchers:CiroCalderón,LauraWeathererAboutEcosystemMarketplaceEcosystemMarketplace(EM),anon-profitinitiativeofForestTrends,isaleadingglobalsourceofcredibleinformationonenvironmentalfinance,markets,andpaymentsforecosystemservices.Fornearlytwodecades,EMhasruntheworld’sfirstandonlygloballyrecognizedandstandardizedreportingandtransparencyplatformforvoluntarycarbonmarket(VCM)creditpricingdata,news,andinsights.EM’sflagshipStateoftheVoluntaryCarbonMarketreportsandotheranalysesoncarboncreditmarketdynamics(e.g.,prices,volumes,projects,corporatebuyers,sellers,etc.)andcarbonstandardissuanceandretirementdatahavebecomeanticipatedindustrystaples.EMalsoprovidesapubliclyaccessibledataintelligencedashboardandanewsplatformformarketcoverage.EMdataonprices,regulation,science,andotherrelevantissuesonenvironmentalservicesmarketsandclimatefinancehavebeenusedextensivelybyarangeofmarketactors,fromcompanies,journalists,andinvestors,topractitioners,naturalresourceagencies,academics,andlocalandindigenouscommunities.AboutForestTrendsForestTrendsAssociationisa501(c)(3)organizationfoundedin1999.ForestTrendsworkstoconserveforestsandotherecosystemsthroughthecreationandwideadoptionofabroadrangeofenvironmentalfinance,markets,andotherpaymentandincentivemechanisms.ForestTrendsdoessoby1)providingtransparentinformationonecosystemvalues,finance,andmarketsthroughknowledgeacquisition,analysis,anddissemination;2)conveningdiversecoalitions,partners,andcommunitiesofpracticetopromoteenvironmentalvaluesandadvancedevelopmentofnewmarketsandpaymentmechanisms;and3)demonstratingsuccessfultools,standards,andmodelsofinnovativefinanceforconservation.CopyrightandDisclaimer©2024EcosystemMarketplace,aninitiativeofForestTrendsAssociation.Allrightsreserved.EcosystemMarketplaceisaninitiativeofForestTrends,locatedat120319thStreetNW,4thFloor,Washington,DC20036|info@ecosystemmarketplace.com|www.ecosystemmarketplace.com|www.forest-trends.orgDataonthevoluntarycarbonmarkettransactionsinthisdocumentwerederivedfrominformationsuppliedbyparticipantsinamarketsurvey.ForestTrends’EcosystemMarketplacedoesnotrepresentorwarranttheaccuracy,suitability,orcontentofthesurveyresponsesortheresultsofthatsurveyassetoutherein.ItisthesoleresponsibilityandobligationofthereaderofthisreportStrategicSupportersVisionaryPartnerstosatisfythemselvesastotheaccuracy,suitability,andcontentoftheinformationcontainedtherein.ForestTrends’EcosystemMarketplace(includingitsrespectiveaffiliates,officers,directors,partners,andemployees)makesnowarrantiesandshallhavenoliabilitytothereaderforanyinaccuracy,representation,ormisrepresentationsetoutherein.ThereaderfurtheragreestoholdForestTrends’EcosystemMarketplaceharmlessfromandagainstanyclaims,loss,ordamageinconnectionwithorarisingoutofanycommercialdecisionsmadeonthebasisoftheinformationcontainedherein.Thereaderofthisreportisstronglyadvisednottousethecontentofthisreportinisolation,buttotaketheinformationcontainedhereintogetherwithothermarketinformationandtoformulatetheirownviews,interpretations,andopinionsthereon.Thereaderisstronglyadvisedtoseekappropriatelegalandprofessionaladvicebeforeenteringintocommercial...