How much impact do project co-benefits have on perceived value?
Ecosystem Marketplace’s State of the VCM 2023 indicated that credits from projects with at least one co-benefit certification had a 78% price premium compared to projects without any co-benefit certification. Looking exclusively at Verra’s VCS, the largest project standard, showed that credits from these projects with co-benefits had a 92% premium in 2022, compared to a 69% premium in 2021.
New Report from Ecosystem Marketplace Highlights Importance of Project Co-Benefits in Attracting Demand, Higher Prices
New research published by Ecosystem Marketplace indicates that project co-benefits, which are additional environmental and social benefits beyond carbon sequestration, are driving higher credit prices.