Carbon Market Chronicles: 2023 Unveiled and 2024’s Inflection Points
- Media Manager
- Jan 29, 2024
- 1 min read
Carbon Credits
Written By: Jennifer L
Published: January 29th, 2024
The voluntary carbon market (VCM) witnessed both considerable progress and significant hurdles in 2023 as reviewed by the MSCI Carbon Markets in its recent webinar.
The review includes key developments from 2023 and the potential inflection points to watch out for in 2024. Notably, the findings show that 2023 has the lowest number of credits issued in 3 years. In contrast, the year ended with a record number of monthly retirements.
Here’s a recap of the webinar, focusing on carbon credit issuances and retirements, demand, key market players, investment, major policy developments, and 2024 outlook.
