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Voluntary Carbon Markets

Noun

The commodity markets relating to the voluntary purchase of carbon reduction or removal

Voluntary Carbon Markets

💡To Note:

  • The voluntary carbon markets are largely driven by two forces:

    • Institutions (e.g. Businesses) purchasing carbon offsets as part of their sustainability plans

    • "Carbon Traders", who purchase carbon offsets at one price, whilst hoping to sell them a a higher price later on

  • Within the industry, most people shorten the term to "VCM"

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