Our new forecast report leverages years of data and analysis to present critical future trends for the voluntary carbon market. In this report we cover scenario modeling, regional and sectorial insights, model applications (including forecasting employment in the VCM) and an overview of the model assumptions.  

Here are some of the key findings from our Base Case Scenario: 

• The base case below projects a growth scenario that sees companies offsetting a portion of their missed targets. Here we expect the market to grow slowly until 2032, as oversupply of credits means that there is enough supply to satisfy demand until that year. 
• The primary market value stays in the single digits until 2033, at which point it quickly increases, reaching ~$40b by 2040 (in nominal terms). 
• The number of credit retirements reaches 1b in 2039.
• In the next 5 years, we forecast energy efficiency and waste disposal projects to become more popular.