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A Path Forward: Why The Voluntary Carbon Market Is Worth Salvaging

Forbes

Written By: Sid Jha

Published: January 5th, 2024

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The dire consequences of climate change necessitate vast amounts of funding to curb emissions and restore our planet's ecosystems. As a critical component in this fight, the voluntary carbon market (VCM) has the potential to marshal tens of billions of dollars needed to finance projects that reduce emissions and drive significant ecosystem conservation efforts.


But the question remains: In light of recent skepticism, is the VCM worth saving? I believe the simple answer is a resounding yes, but the reasoning requires a more nuanced exploration.


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