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Q1 2024 Voluntary Carbon Market Update: Oversupply Challenges Persist Despite Record Retirements
The first quarter of 2024 saw significant developments in the Voluntary Carbon Market (VCM), with an increase in credit issuances outpacing retirements. This has led to a further inflation of oversupply, putting downward pressure on prices. Additionally, Article 6 negotiations faced setbacks, impacting the international trade of carbon credits. Here&