In 2011, corporate buyers continued to dominate the market, contributing $ 368 million — or nearly 65 % — of the market's total value, with European corporate buyers remaining the largest source of
voluntary offset demand.
Not exact matches
Demand for carbon
offsets on the
voluntary market grew 14 % last year to 87 million
offsets, according to Ecosystem Marketplace's Ahead of the Curve: State of the
Voluntary Carbon Markets 2015 report, released last week.
One of those surprises came from the United States which emerged as the world's largest single - country buyer of
voluntary offsets despite the lack of impending regulations that had previously sparked
demand from companies looking to get a leg up on the law.
The good news is that policies put into place over the last three decades — including appliance efficiency standards,
voluntary labeling programs like ENERGY STAR, and state energy - savings targets — have already helped
offset rising
demand for electricity and saved consumers billions of dollars.
With the EU highly unlikely to use
offsets unless government agrees to deepen a proposed carbon reduction target beyond 40 %, the main source of
demand for forest
offsets in the short term might be restricted to California's carbon reduction scheme and the
voluntary carbon market.
Using a choice experiment conducted among more than a thousand Swiss consumers, we analyze the individual
demand for
voluntary carbon
offsets in different contexts.
The jump in results - based finance last year was thanks in large part to a 200 % increase in
demand for forest carbon
offsets on regulatory markets, namely in California and Australia, with
voluntary demand also growing 18 %.