FAQ: Understanding the financial workings of the voluntary carbon market
Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP28, governments will further develop the rules governing these markets.
Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP28, governments will further develop the rules governing these markets.
The banking sector’s anticipated upswing in investment in the voluntary carbon market has failed to materialise, new research reveals.
Taylor Swift claims she can offset the immense carbon footprint of her private jet but the only way for high-flying celebrities and the superrich to reduce their climate impact is to fly less and choose more sustainable forms of transport.
A spate of recent studies are being used to claim a causal link for companies that offset their emissions between their use of carbon credits and their rate of internal decarbonisation. However, the available evidence tells a different story about whether or not companies exploit carbon markets as a licence to pollute.
As the world grapples with the grave threat of climate change, the voluntary carbon market (VCM) has emerged as a policy tool in the global effort to reduce greenhouse gas emissions. But what role does sustainable development play in the VCM?