The Voluntary Carbon Market (VCM) Segments categorize the market based on the projects’ type, activity, and region. These segments serve to illustrate how the VCM universe is organized, highlighting the attributes that differentiate carbon offset projects within the market.
The prices given for each segment are aggregated and calculated daily. The VCM Segment Prices are for information purposes only and are not intended to be and must not be construed or used as indices, assessments or benchmarks.
|
Project Group |
Definition |
Region |
|
ARR |
Restoration of ecosystems including forests, wetlands and grasslands. |
|
|
Coverage: Type = Ecosystem Creation and/or Restoration (afolu.02) |
||
|
Avoidance |
Nature and technology-based projects that avoid or reduce emissions reductions. |
|
|
Coverage: All projects labeled as “avoidance” |
||
|
Blue Carbon |
Restoration or conservation of coastal ecosystems like mangroves and sea grasses. |
|
|
Coverage: Type = Blue Carbon (afolu.03) |
||
|
Cookstoves |
Distribution of improved biomass or solar cookstoves to households to reduce the use of unimproved fuels (e.g. non-renewable biomass, charcoal, kerosene, etc.). |
|
|
Coverage: Activity = Improved Cookstoves (eefs.04.01) OR Solar Cookstoves (eefs.04.02) |
||
|
Energy Efficiency |
Activities implemented at domestic, commercial or industrial levels to increase energy efficiency. |
|
|
Coverage: Type = Energy Demand, Domestic/Commercial (eefs.01) OR Energy Demand, Industrial/Agricultural (eefs.02) OR Energy Supply (eefs.03) OR Transportation (eefs.05) |
||
|
Gases Abatement |
Reduction of industrial and agricultural emissions from sources that are not related to the combustion of fossil fuels. |
|
|
Coverage: Type = Organic Waste Methane (ga.01) OR Extraction Metahe (ga.02) OR Industrial Gases (ga.03) OR Residual and Fugitive Gases (ga.04) OR Agricultural Gases (ga.05) |
||
|
Hydro |
Hydroelectric power plants |
|
|
Coverage: Type = Hydro (re.03) |
||
|
IFM |
Activities to implement Improved forest management (IFM) practices |
|
|
Coverage: Activity = Improved forest management (afolu.01.05) |
||
|
REDD/REDD+ |
Activities in the forest sector that reduce emissions from deforestation and forest degradation in developing countries |
|
|
Coverage: Activity = Avoided Planned Deforestation/Degradation (REDD) (afolu.01.01) OR Avoided Unplanned Deforestation/Degradation (REDD) (afolu.01.02) |
||
|
Nature-Based Removal |
Short permanence removal of carbon via nature-based solutions |
|
|
Coverage: Method = Removal AND Category = Agriculture, Forestry and Other Land Use (afolu.*) |
||
|
Regenerative Agriculture |
Regenerative agriculture practices within grasslands or croplands |
|
|
Coverage: Type = Regenerative Agriculture (afolu.04) |
||
|
Solar |
Solar energy |
|
|
Coverage: Type = Solar (re.04) |
||
|
Wind |
Wind energy |
|
|
Coverage: Type = Wind (re.05) |
||