Voluntary carbon markets greatly expanded in both transaction volume and value in 2008, providing critical funds for projects aiming to reduce greenhouse gas emissions, according to a new report from Ecosystem Marketplace and New Carbon Finance.
Fortifying the Foundation: State of the Voluntary Carbon Markets 2009 — a survey of over 190 voluntary carbon credit retailers, brokers, accounting registries, and exchanges — found that voluntary carbon markets transacted 123 million metric tons of carbon credits valued at $705 million in 2008, up from 65 million tons of credits valued at $331 million in 2007. …
Voluntary carbon markets double in 2008
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