The State of Carbon Credits 2024

Sylvera, the carbon data provider, reviewed the state of carbon credits in 2024. Published in January 2025, this report highlighted the differing perspectives of market participants during the previous year. Some players were excited by Article 6 progress and new methodological approvals from the ICVCM. Others remained unconfident both in credit quality and in the likelihood of future demand. However, it concludes that the carbon markets are going through a gradual but significant time of change.