Turgut A. In a world racing toward net-zero, carbon markets are finally coming of age. Voluntary carbon markets (VCMs) grew from ~$300 million in 2019 to more than $2 billion in 2024, while compliance markets (EU ETS, California Cap-and-Trade, China ETS, etc.) already trade tens of billions annually. Yet, despite the momentum, the same three words keep surfacing in every boardroom and COP side-event: trust, transparency, and liquidity . This is exactly where blockchain ente