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January 5, 2023

Voluntary carbon markets: data and drivers

As an addition to our deep dive into the voluntary carbon markets, we have put together some references where you can find past and projected data about these markets, what is driving (or hindering) their growth, and on the broader, global initiatives that are setting a price for carbon.

Here, you will find McKinsey’s latest projections on the growth of VCMs – in 2021, it forecasted they’d surpass $50bn by 2030 after a 15-fold growth in the demand for credits.

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