Voluntary Market

A voluntary market refers to a system where individuals or organizations choose to buy and sell environmental credits, such as carbon offsets, outside of government-mandated regulations. Participants often purchase these credits to reduce their carbon footprint or support sustainability initiatives on a voluntary basis. It encourages companies and individuals to take proactive steps toward environmental responsibility without being compelled by law. This market fosters innovation and investment in projects like renewable energy or reforestation, helping to improve ecosystems and combat climate change through voluntary action.