SUPPLYING QUALITY CREDITS TO THE VOLUNTARY CARBON MARKETS
Pledges to lower carbon emissions now cover 92% of GDP and 88% of emissions worldwide. However, emission reduction, capture and sequestration technologies are not yet scaled to meet these targets, creating growing demand for quality carbon credits.
CARBON IS A RAPIDLY SCALING SECTOR OF THE NATURAL RESOURCES INDUSTRIES
The demand for carbon credits could increase by a factor of 15 or more by 2030 and by a factor of up to 100 by 2050. Overall, the market for carbon credits could be worth upward of $50 billion in 2030.*
*Mckinsey- The Taskforce on Scaling Voluntary Carbon Markets (TSVCM), sponsored by the Institute of International Finance (IIF) 1/29/2021