Voluntary carbon market (VCM) credit issuances fell by roughly 10 percent in 2023, to 261 million metric tons of carbon dioxide equivalent (MtCO₂e). Renewable energy and nature-based avoidance efforts accounted for the largest share of VCM credit issuances in 2023.
Voluntary carbon market credit issuances from 2015 to 2023, by project type
(in million metric tons of carbon dioxide equivalent)
Characteristic
Renewable Energy
Nature-based avoidance
Natural carbon capture
Methane collection
Industrial pollutants
Household devices
Other*
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S&P Global. (March 2, 2024). Voluntary carbon market credit issuances from 2015 to 2023, by project type (in million metric tons of carbon dioxide equivalent) [Graph]. In Statista. Retrieved September 10, 2024, from https://www.statista.com/statistics/1471039/voluntary-carbon-markets-issuances-by-project-type/
S&P Global. "Voluntary carbon market credit issuances from 2015 to 2023, by project type (in million metric tons of carbon dioxide equivalent)." Chart. March 2, 2024. Statista. Accessed September 10, 2024. https://www.statista.com/statistics/1471039/voluntary-carbon-markets-issuances-by-project-type/
S&P Global. (2024). Voluntary carbon market credit issuances from 2015 to 2023, by project type (in million metric tons of carbon dioxide equivalent). Statista. Statista Inc.. Accessed: September 10, 2024. https://www.statista.com/statistics/1471039/voluntary-carbon-markets-issuances-by-project-type/
S&P Global. "Voluntary Carbon Market Credit Issuances from 2015 to 2023, by Project Type (in Million Metric Tons of Carbon Dioxide Equivalent)." Statista, Statista Inc., 2 Mar 2024, https://www.statista.com/statistics/1471039/voluntary-carbon-markets-issuances-by-project-type/
S&P Global, Voluntary carbon market credit issuances from 2015 to 2023, by project type (in million metric tons of carbon dioxide equivalent) Statista, https://www.statista.com/statistics/1471039/voluntary-carbon-markets-issuances-by-project-type/ (last visited September 10, 2024)
Voluntary carbon market credit issuances from 2015 to 2023, by project type (in million metric tons of carbon dioxide equivalent) [Graph], S&P Global, March 2, 2024. [Online]. Available: https://www.statista.com/statistics/1471039/voluntary-carbon-markets-issuances-by-project-type/
