This edition of our forecast, with its expanded scope and ambition, reflects the dynamic shifts in the carbon credit market. No longer just a Voluntary Carbon Market (VCM), this report encompasses carbon credit demand from emerging compliance markets, self-mandated corporate initiatives, and the distinct market for Carbon Dioxide Removals (CDRs), alongside traditional voluntary corporate demand. While the term VCM is still used for convenience, it’s important to understand the broader context covered.

Our forecast aims to guide current and future market participants through this complex and inspiring landscape. Amidst uncertainty and diverse future scenarios, the report identifies significant risks and attractive opportunities, helping readers to navigate challenges and capitalize on market potential. As we approach 2030, we anticipate significant market shifts, with some players facing losses and unsold credits. This forecast is designed to mitigate such risks and maximize opportunities.

We are committed to refining our approach and updating our assumptions to continue providing valuable insights for all market players.