Is your product covered by CBAM?Check for Free
CarbonSmart
Back to Dictionary
VSustainability Dictionary

Voluntary Carbon Market

Definition

A market structure in which companies buy and sell carbon credits without being required to do so; usually used to achieve sustainability targets and ensure carbon neutrality.

Real-Life Example

Carbon credits

Example Scenario

“The company transacts in the voluntary carbon market.”

How does CarbonSmart help with this?

You can use the CarbonSmart platform to measure, report and reduce your company's carbon footprint regarding Voluntary Carbon Market. Reach your sustainability goals faster with our AI-powered tools.

Related Terms

V

Value Chain Emissions

V

Verification

V

Value Creation

V

Vehicle Electrification

V

Virtual Power Plant

V

Voluntary Disclosure