Why the Carbon Offset market will come again

Whilst the Carbon Offset market has had a challenging past (for lots of reasons we can happily discuss) we are convinced it has a bright future. The primary reason for our optimism is that we don’t see how climate change can be successfully tackled in the timeframe which matters (this decade and the next) without a fully functioning, highly-regarded offset market. For this to be achieved, the market will need far higher standards, better regulation and much more accountability than has been the case in the past.

Two reports on this, the first written by German bank, Berenberg, which estimates the market will grow from a value of $0.6bn last year to more than $200bn by 2050. The second, the recently published ‘Taskforce on scaling voluntary carbon markets’, which has similar expectations.