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High-quality voluntary emission reductions are key to driving climate change goals


release time:

2022-06-10

The voluntary carbon emission reduction market is an important channel to help countries and enterprises achieve carbon neutrality, and it is also an important part of promoting the deepening development of the carbon market and realizing low-cost emission reduction. Since the promulgation of the "Kyoto Protocol" in 2005, the voluntary emission reduction market has developed rapidly, and after the "Paris Agreement" was reached in 2015, it has entered a stage of rapid development. Relevant data show that in 2020, more than 100 million tons of carbon dioxide equivalent carbon emission reductions will be written off, more than double the amount in 2017, and the market growth rate is obvious.

  The voluntary carbon emission reduction market is an important channel to help countries and enterprises achieve carbon neutrality, and it is also an important part of promoting the deepening development of the carbon market and realizing low-cost emission reduction. Since the promulgation of the "Kyoto Protocol" in 2005, the voluntary emission reduction market has developed rapidly, and after the "Paris Agreement" was reached in 2015, it has entered a stage of rapid development. Relevant data show that in 2020, more than 100 million tons of carbon dioxide equivalent carbon emission reductions will be written off, more than double the amount in 2017, and the market growth rate is obvious. According to the analysis results of research institutions, a conservative estimate of the market size of voluntary emission reduction in 2030 will reach between 5 billion and 30 billion US dollars, and may even reach 50 billion US dollars. It can be seen from this that the market potential of voluntary emission reduction in the future is huge.