Nature Broking MD, Andy Harris, optimistic about future of VCM in Climate Change Business Journal interview

In a wide-ranging interview in the prestigious subscriber-only US journal, Andy talks about how the Voluntary Carbon Market has reached a turning point as the market has ‘premiumised’.

An excerpt from the full article:

CCBJ: How would you describe the current state of the global voluntary carbon market in 2025? What are the most notable shifts from previous years?

Andy: 2025 is proving to be a very exciting year in the Voluntary Carbon Market (VCM) globally. There has been a marked shift from both the 2023/24 market where corporate action significantly dropped as a result of negative press, but also from the era prior to 2023, where the VCM was not yet professionalised. Corporate engagement in the VCM appears to be highly energized across all sectors this year.

Professionalisation of the market has bred trust from corporates

Gone are the days of cheap credits, from low transparency projects in some distant region. We’ve seen an explosion of high integrity standards, methodologies, developers, intermediaries and projects in the last year or two and this has meant that corporates are now much more inclined to engage in the market.

Added on to this is the sophistication of products such as long-term forwards, diversified portfolios and insurance and financial market style plumbing and clearing systems. This is enabling large companies, with large compliance departments to have more confidence in a market that is now resembling a fullyfledged financial market.

We’re even now seeing carbon credits being capitalized on balance sheets like any other asset, adding to corporate value and not sitting as a cost. These innovations and moves to make the market resemble a financial market are a tipping point in reaching the trust needed to create a global VCM that can tackle climate change at scale.

To read the full Nature Broking article, click here.