Following the exposure of 90% of Voluntary Carbon Market 1.0 credits as fakes (sold at peppercorn prices), high-integrity suppliers are now moving to establish a High-Integrity Voluntary Carbon Market 2.0, where only properly and transparently verified credits are traded for a decent return. The fog around the fake credit scandal is still settling, with many industry sectors still very short on genuine credits to meet their legal and voluntary obligations.
GreenXperts uses a 100-year timeframe and long proven ISO Standards for verifying and validating high-integrity Voluntary Vintage Carbon Credits (VVCC®) from Pre-1990 New Zealand native forests. This is one way native forest owners can be rewarded for their work in preserving vintage native forests.
Ernst and Young’s latest report on the 2024 Global Voluntary Carbon Market projects a significant price increase in high-integrity carbon credits, potentially reaching $75-125 per tonne by 2035, with an increased demand for removal-based credits over avoidance credits. Allied Offsets in the UK report a range of historic values from $USD25 to $USD450 for forest-based credits.
In particular at present, European corporates are seeking genuine credits, with, for example, 89% of the Spanish Stock Exchange committed to becoming carbon neutral. Carbon Equities New Zealand Limited is currently bidding on international supply contracts in Singapore and Europe.
Don't hesitate to contact us if you have any questions about voluntary carbon credits, which forests qualify, the management of your VVCC® portfolio, adding to it, and trading tactics for it.
Call Susan direct on mobile: 022 1544 958 |
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