Environment & Ecology · Carbon Markets
What primarily drives the operation and growth of Voluntary Carbon Markets (VCMs)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Direct government price controls and statutory taxation schemes
- 2Legally binding emission caps imposed by international treaties
- 3Mandatory cap-and-trade targets established by state regulations
- 4Corporate sustainability goals and voluntary net-zero commitments✓
Correct answer
Corporate sustainability goals and voluntary net-zero commitments
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