With an up and down 2022 coming to an end, we take a look back at the sectors which retired the most credits this year in the voluntary carbon markets.
The total retirements this year have hit 190m, which is a decrease compared to 2021 total retirements (208m). With ten days to go in the year, the numbers will creep up, but it’s highly improbable that the amount of credits retired this year will match the number of retired credits last year.
The top three sectors these credits have been retired from are renewable energy, forestry and land use and chemical processes.
Both renewable energy and energy efficiency have gone up slightly since last year. However, retirements from forestry and land use have gone down significantly with a ~38% decrease.
For more data on the voluntary carbon markets check out our demo dashboard here or reach out to us at hello@alliedoffsets.com.