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FT IN THE NEWS Climate Investments

The voluntary carbon market (VCM) grabbed headlines in 2021 with record transactions and soaring credit prices, and observers say all signs point to an equally robust 2022. In mid-September, environmental data provider Ecosystem Marketplace sparked a frenzy when it reported the VCM was on track to hit $1 billion in annual transactions in 2021. Two months later, the nonprofit confirmed that the market had indeed breached that figure.