![image](https://images.prismic.io/goldstandard/8c363ef1-f432-4be0-aa11-1b480affa68b_gs-market_report_2020.jpeg?auto=compress,format&q=90&w=1536)
IN 2020
- 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
GOLD STANDARD MARKET REPORT 2019
GOLD STANDARD MARKET REPORT 2018