Voluntary Carbon Market Poised for Growth in 2024 as Integrity Initiatives Take Hold
• First VCMI carbon credit claims expected in coming months, providing validation of standard • 2024 seen as pivotal year for voluntary carbon market growth and recovery • Integrity initiatives like Core Carbon Principles starting to be adopted, boosting confidence • Signs of positivity recently like increased credit issuance and retirements • Boost for carbon finance from COP28 as governments recognize importance of carbon markets