34 million emission reductions issued, nearly double the issuances of 2019. This included, 28.5 million voluntary Verified Emission Reductions (VERs) and 5.6 million Gold Standard labelled Certified Emissions Reductions (CERs)
There has been an increased issuance trend across all project types
The split of issuances between VERs and Gold Standard labelled CERs is 80% in favour of VERs, reflecting the market uncertainty around the future of the CDM
Record high voluntary retirements in 2019 with 15.8 million emission reductions retired — 28% increase over 2019
Previous editions of the Gold Standard Market Report