Estimating the future prices and scale of engineered GGRs in Voluntary Carbon Markets

This project will forecast the future prices and scale of engineered Greenhouse Gas Removals (GGRs) in Voluntary Carbon Markets (VCMs) to strengthen internal analysis in DESNZ and inform the design of the GGR Business Model, including how it can best complement integration of GGRs into the UK Emission Trading System (ETS). External VCM forecasts, which DESNZ currently relies on for internal analysis, have various limitations, including a lack of transparency in their assumptions and few attempts to isolate the pric...