Carbon Footprint
The voluntary carbon market’s journey through 2023 and beyond
As we navigate the evolving landscape of environmental action, the voluntary (verified) carbon market (VCM) stands at a crucial intersection. With 2023 marking a period of significant transition, we’ve witnessed the shift from the Kyoto Protocol’s Clean Development Mechanism (CDM) to the more dynamic Paris Agreement’s Article 6 market. This change brings both challenges and opportunities, reshaping the market’s future. Let’s take a look at the journey through the past year as set out in the Voluntary Carbon Market Developer Overview 2023/2024 by Abatable and explore what lies ahead for this vital component of our global environmental strategy.
Drone view of a path in the Borneo Jungle, Malaysia. AI generated visual.
