Members of the International Emissions Trading Association (IETA) identified the increase in corporate net-zero pledges as the biggest driver for growing demand for voluntary carbon credits in 2023. The second-biggest driver, according to IEA members, was demand due to compliance obligations from markets such as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
Primary drivers for the increase in demand for voluntary carbon credits worldwide as of 2023
The question was originally phrased as "What do you think are the primary drivers for the increase in demand for carbon credits?"
* Survey participants were given the freedom to select which sections and topics they answered, and therefore some statistics are based on samples smaller than 187. Survey respondents represent several sectors, including finance and investment, power producers/utilities, and oil and gas.
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IETA. (May 23, 2023). Primary drivers for the increase in demand for voluntary carbon credits worldwide as of 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1477860/voluntary-carbon-credit-demand-drivers/
IETA. "Primary drivers for the increase in demand for voluntary carbon credits worldwide as of 2023." Chart. May 23, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1477860/voluntary-carbon-credit-demand-drivers/
IETA. (2023). Primary drivers for the increase in demand for voluntary carbon credits worldwide as of 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1477860/voluntary-carbon-credit-demand-drivers/
IETA. "Primary Drivers for The Increase in Demand for Voluntary Carbon Credits Worldwide as of 2023." Statista, Statista Inc., 23 May 2023, https://www.statista.com/statistics/1477860/voluntary-carbon-credit-demand-drivers/
IETA, Primary drivers for the increase in demand for voluntary carbon credits worldwide as of 2023 Statista, https://www.statista.com/statistics/1477860/voluntary-carbon-credit-demand-drivers/ (last visited November 21, 2024)
Primary drivers for the increase in demand for voluntary carbon credits worldwide as of 2023 [Graph], IETA, May 23, 2023. [Online]. Available: https://www.statista.com/statistics/1477860/voluntary-carbon-credit-demand-drivers/
