Global carbon markets value hit record $909 billion last year
8 Feb 2023
The value of traded global markets for carbon dioxide (CO2) permits reached a record 850 billion euros ($909 billion) last year, analysts at Refinitiv said on Tuesday.
Around 12.5 billion tonnes of carbon permits changed hands in the world's emissions markets - 20% less than the previous year - but the value of the markets rose by 14% as prices for permits were much higher.
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