Voluntary Carbon Markets Double in Size and Value in 2008, Report Authors of New Eart

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    • Jan 2009
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    Voluntary Carbon Markets Double in Size and Value in 2008, Report Authors of New Eart

    A new report from Ecosystem Marketplace (the organization behind the new Earthscan book Voluntary Carbon Markets : http://cts.businesswire.com/ct/CT?id...arkets&index=1 ) and New Carbon Finance confirms that 123 million tonnes of carbon credits valued at US$705 million were transacted in the voluntary carbon markets in 2008. The average price for voluntary offset credits increased 20% to $7.34/tCO2e. The voluntary carbon markets doubled in both transaction volume and value in 2008 according to the report Fortifying the Foundation. State of the Voluntary Carbon Markets 2009, released Wednesday. Consistent with the trend in 2007, this represents more than twice the aggregate 2008 growth rate

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