What is VCT?

VCT most likely refers to Voluntary Carbon Trading. Voluntary carbon trading (VCT) involves the buying and selling of carbon credits by individuals, companies, or organizations on a voluntary basis, typically to offset their carbon emissions or support projects that reduce or remove greenhouse gases from the atmosphere. Unlike compliance markets regulated by governments (e.g., cap-and-trade systems), VCT operates outside of mandatory emission reduction schemes. Participants engage in VCT to achieve sustainability goals, enhance their brand image, or support environmental initiatives. Carbon credits are generated by projects such as reforestation, renewable energy installations, and methane capture initiatives, which are verified to meet specific standards and methodologies.