The global volume of voluntary carbon market credit transactions in the forestry and land use category fell by more than 65 percent in 2023, to 36.2 million. Nevertheless, forestry and land use was the VCM category with the highest volume of carbon credit transactions that year. Each carbon credit, or offset, represents the reduction or removal of one metric ton of CO₂ equivalent.
Volume of voluntary carbon market (VCM) carbon offset credit transactions worldwide in 2022 and 2023, by project category
(in million metric tons of carbon dioxide equivalent)
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Ecosystem Marketplace. (May 30, 2024). Volume of voluntary carbon market (VCM) carbon offset credit transactions worldwide in 2022 and 2023, by project category (in million metric tons of carbon dioxide equivalent) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/501732/global-voluntary-carbon-offset-market-transaction-volume-by-category/
Ecosystem Marketplace. "Volume of voluntary carbon market (VCM) carbon offset credit transactions worldwide in 2022 and 2023, by project category (in million metric tons of carbon dioxide equivalent)." Chart. May 30, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/501732/global-voluntary-carbon-offset-market-transaction-volume-by-category/
Ecosystem Marketplace. (2024). Volume of voluntary carbon market (VCM) carbon offset credit transactions worldwide in 2022 and 2023, by project category (in million metric tons of carbon dioxide equivalent). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/501732/global-voluntary-carbon-offset-market-transaction-volume-by-category/
Ecosystem Marketplace. "Volume of Voluntary Carbon Market (Vcm) Carbon Offset Credit Transactions Worldwide in 2022 and 2023, by Project Category (in Million Metric Tons of Carbon Dioxide Equivalent)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/501732/global-voluntary-carbon-offset-market-transaction-volume-by-category/
Ecosystem Marketplace, Volume of voluntary carbon market (VCM) carbon offset credit transactions worldwide in 2022 and 2023, by project category (in million metric tons of carbon dioxide equivalent) Statista, https://www.statista.com/statistics/501732/global-voluntary-carbon-offset-market-transaction-volume-by-category/ (last visited December 30, 2024)
Volume of voluntary carbon market (VCM) carbon offset credit transactions worldwide in 2022 and 2023, by project category (in million metric tons of carbon dioxide equivalent) [Graph], Ecosystem Marketplace, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/501732/global-voluntary-carbon-offset-market-transaction-volume-by-category/