voluntary carbon market
The voluntary carbon market refers to a trading platform or system where individuals or organizations willingly buy and sell carbon credits or offsets to mitigate their own carbon footprint or support climate change initiatives outside the requirements of mandatory carbon regulations.
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Related Concepts (2)
Similar Concepts
- carbon cap-and-trade
- carbon market regulations
- carbon markets
- carbon markets and trading systems
- carbon pricing and markets
- global carbon market
- international carbon markets
- market-based mechanisms for carbon pricing
- price volatility in carbon markets
- voluntary carbon offset certification
- voluntary carbon offset projects
- voluntary carbon offsetting
- voluntary carbon pricing initiatives
- voluntary emissions reductions
- voluntary markets