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VCM sees bumper retirements in December with 2.6 times rise on month

January 9, 2024 Comments Off

Bumper retirements in the nature-based avoidance and renewable energy segments led to a sharp jump in total retirements in the voluntary carbon markets in December, as per the data from S&P Global Commodity Insights analytics. December has seen historically higher retirements as people retire credits to adjust their account books, an India-based broker said. All the categories of carbon credits…