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Forest Carbon Prices Doubled in Record-Setting 2011
The price of forest carbon credits doubled in 2011, leading to a record market value of $237 million according to Leveraging the Landscape: State of the Forest Carbon Markets 2012. The report, which aggregates data from 451 individual forest carbon projects historically, was published Thursday by Forest Trends' Ecosystem Marketplace, a world-leading provider of news, data and analytics on environmental markets and investments in conservation. The report examines a variety of strategies for injecting financial resources into projects that save or plant forests that capture carbon. Carbon offsets from these projects averaged $9.2 per tonne of sequestered carbon in 2011, up from $4.6 per tonne in 2010.
|Release Date:||November 2012|
|File Size:||174 KB|