Carbon market funding and prices suggest confidence is picking up
Core Carbon Principles-labelled credits sold at a US$10 price premium in 2024.
Funding activity and carbon credit prices in 2024 suggest that confidence in the voluntary carbon market is picking up again after a recent slump.
Carbon projects received US$16.3 billion of funding last year – still less than in 2023, but 18 times more than the value of all the carbon credits retired in 2024, according to a new report by carbon market solution provider Abatable.
