Gold Standard Market Report 2019
- Another year of high issuances, with 18.2 million emission reductions issued from 49 different countries. This included, 13.9 million voluntary Verified Emission Reductions (VERs) and 4.3 million Gold Standard labelled Certified Emissions Reductions (CERs) for the compliance market
- Growth primarily from wind, cookstove and household biogas
- Record high voluntary retirements in 2019 with 12.4 million emission reductions retired — 31% increase over 2018
"2019 was a record year for carbon credit purchases – a positive indication for the willingness of the private sector to finance emission reductions beyond their boundaries. With soaring demand for nature based solutions, Gold Standard will look to ensure they are leveraged in a robust way, used under the right mechanisms, and come alongside dramatic emission reductions to decarbonize the economy."
For previous editions of the Gold Standard Market Report: