What is a voluntary carbon market?

The voluntary markets are the overall name for all voluntary verified carbon emission reduction offsets. The main objective for acquiring Verified Emission Reduction (VER) credits, is to neutralize the carbon footprint, motivated mainly by Corporate Social Responsibility (CSR) and public relations.

The voluntary carbon market enables private investors, governments, non-governmental organizations, and businesses to voluntarily purchase carbon offsets to offset their emissions. Companies that are unable to reduce their emissions can purchase carbon offsets from verified suppliers to offset their emissions.