The market for carbon credits, which just a few years ago was brought to its knees by allegations of greenwashing, is quietly staging a comeback.
In the first six months of 2025, companies used more carbon credits to offset emissions than at any point before, according to first-half figures compiled by MSCI Carbon Markets. The data, which goes back as far as 2010, also shows that about $10 billion of capital was publicly committed to financing the generation of carbon credits in the first half of the year. That’s more than three times as much as during the same period in 2024.