Voluntary Carbon Market: 2021 in Review and 2022 Outlook

This report presents Trove Research’s quarterly update on the voluntary carbon market. This issue contains summary charts for 2021 and our forecasts for 2022. We show that the value of the primary Voluntary Carbon Market grew by 190% in 2021 to just under $1bn. We forecast that this primary market will grow a further 50% to 80% in 2022, reaching a total value of $1.5bn to $1.7bn.

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