Martello, a UK-based capital transition firm, has just announced its entry into the global voluntary carbon markets (VCM) with the issuance of its first round of carbon credits. The firm has issued a total of 32,000 carbon credits, which it expects will trade at GBP30 (~USD37.50) a piece. Only in the last two years, the voluntary carbon markets have soared, increasing in size by 74% and reaching their current estimated value of USD7.4bn. The credits issued by Martello aim to address the primary concern with carbon markets, namely, the quality of the carbon credits sold on them.

Source: carbonherald.com