The carbon credit market is more than ready to leave 2023 behind. That's because market experts are predicting that 2024 could be the year of the comeback. And that could open up opportunities in specific ETFs that focus on the carbon credit market. Governments are trying to curb greenwashing practices by companies that want to label themselves as ESG-friendly. This may have spilled over into the carbon credit market. This is because countries are trying to establish global standards for carbon trading, as outlined in Eco-Business article Data on how the carbon credit market performed in 2023 has not been compiled, adding a layer of uncertainty to the market as the new year begins. “We’ll have to wait for those reports to really know [the extent of pent-up demand], but in terms of our projects and what we’re hearing in the market, it’s definitely had an impact [on carbon prices],” said Colin Moore, regional carbon advisor for Southeast Asia at the Wildlife Conservation Society. However, there are signs that confidence in the carbon credit market is returning, particularly from investors.