Fionnuala Walravens from the Environmental Investigation Agency (EIA) explains that HFC-23 emissions from developing countries are higher today than before the CDM began. She argues that this growing problem is not being adequately dealt with via carbon markets and suggests an alternative model that should be given further consideration.
New VCMI guidance risks justifying carbon offsetting and delaying real corporate climate action, NGOs say
30/04/2025
In new guidance, the Voluntary Carbon Markets Integrity Initiative (VCMI) is promoting the use of carbon credits to camouflage the fact that companies grappling with their indirect (scope 3) emissions are off track to reach their commitments. But carbon credits must not replace direct emissions reductions, NGOs warn.
