Nature Based prices fell sharply in 2022, but strong growth still expected

Benchmark nature-based carbon prices fell by the largest amount in years early december as traders rushed to exit positions before the end of the year amid lower demand, sovereign credit issuances and a disappointing outcome at COP27. The fall came after weeks of prices trending lower, effectively wiping out all the gains seen in the past 18 months on the back of increased investments in the voluntary carbon market. Despite this relapse, the long term outlook is expected to be still one of strong growth, In a study earlier this year Ernst and Young stated that, with demand growing and supply shrinking, credit prices on the voluntary market are set to rise to 80-150 US dollar by 2035 in all scenario’s.

https://www.qcintel.com/carbon/article/nature-based-prices-fall-most-in-years-as-panic-takes-hold-10356.html
https://assets.ey.com/content/dam/ey-sites/ey-com/en_au/topics/sustainability/ey-net-zero-centre-carbon-offset-publication-20220530.pdf