{"id":4656719,"date":"2025-05-29T06:00:51","date_gmt":"2025-05-29T10:00:51","guid":{"rendered":"https:\/\/www.forest-trends.org\/?post_type=publications&#038;p=4656719"},"modified":"2025-09-10T15:37:43","modified_gmt":"2025-09-10T19:37:43","slug":"2025-state-of-the-voluntary-carbon-market","status":"publish","type":"publications","link":"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/","title":{"rendered":"2025 State of the Voluntary Carbon Market"},"content":{"rendered":"<p>Over the 20-year history of Ecosystem Marketplace (EM), we have seen carbon markets grow from a nascent idea into a mechanism with the potential to seriously mitigate global warming. Our annual State of the Voluntary Carbon Market (SOVCM) provides a comprehensive overview of this global supply and demand of voluntary carbon credits. In this year\u2019s report, we continue to follow refinements in quality and integrity as the voluntary carbon market (VCM) works to transition to a greater focus on nature-based solutions, carbon removals, and interoperability with international compliance carbon markets.<\/p>\n<p>Our team interviews and collects annual disclosures from market participants, such as project developers and credit resellers, and we combine this with registry data from the largest carbon credit standards and certifications. While SOVCM reports are always retrospective, we also aim to take a forward-looking lens of what can come next, especially as the VCM continues to evolve to meet higher standards of quality and integrity.<\/p>","protected":false},"excerpt":{"rendered":"<p>Over the 20-year history of Ecosystem Marketplace (EM), we have seen carbon markets grow from a nascent idea into a mechanism with the potential to seriously mitigate global warming. Our annual State of the Voluntary Carbon Market (SOVCM) provides a comprehensive overview of this global supply and demand of voluntary carbon credits. In this year\u2019s [&hellip;]<\/p>\n","protected":false},"author":147,"featured_media":4656720,"template":"","categories":[22,25],"tags":[30,2148,2099],"coauthors":[2133],"class_list":["post-4656719","publications","type-publications","status-publish","has-post-thumbnail","hentry","category-climate","category-finance","tag-ecosystem_marketplace","tag-sovcm2025","tag-voluntary-carbon-market","language-english","geography-global"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2025 State of the Voluntary Carbon Market - Forest Trends<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2025 State of the Voluntary Carbon Market - Forest Trends\" \/>\n<meta property=\"og:description\" content=\"Over the 20-year history of Ecosystem Marketplace (EM), we have seen carbon markets grow from a nascent idea into a mechanism with the potential to seriously mitigate global warming. Our annual State of the Voluntary Carbon Market (SOVCM) provides a comprehensive overview of this global supply and demand of voluntary carbon credits. In this year\u2019s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-10T19:37:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2025\/05\/SOVCM-Cover.png\" \/>\n\t<meta property=\"og:image:width\" content=\"621\" \/>\n\t<meta property=\"og:image:height\" content=\"804\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n\t<meta name=\"twitter:label2\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data2\" content=\"Aubrey Peterson\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/\",\"url\":\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/\",\"name\":\"2025 State of the Voluntary Carbon Market - Forest Trends\",\"isPartOf\":{\"@id\":\"https:\/\/www.forest-trends.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2025\/05\/SOVCM-Cover.png\",\"datePublished\":\"2025-05-29T10:00:51+00:00\",\"dateModified\":\"2025-09-10T19:37:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/#primaryimage\",\"url\":\"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2025\/05\/SOVCM-Cover.png\",\"contentUrl\":\"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2025\/05\/SOVCM-Cover.png\",\"width\":621,\"height\":804},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.forest-trends.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\/\/www.forest-trends.org\/publications\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"2025 State of the Voluntary Carbon Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.forest-trends.org\/#website\",\"url\":\"https:\/\/www.forest-trends.org\/\",\"name\":\"Forest Trends\",\"description\":\"Pioneering Finance for Conservation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.forest-trends.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2025 State of the Voluntary Carbon Market - Forest Trends","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.forest-trends.org\/publications\/2025-state-of-the-voluntary-carbon-market\/","og_locale":"en_US","og_type":"article","og_title":"2025 State of the Voluntary Carbon Market - Forest Trends","og_description":"Over the 20-year history of Ecosystem Marketplace (EM), we have seen carbon markets grow from a nascent idea into a mechanism with the potential to seriously mitigate global warming. 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