The report is focused on the four crediting methodologies that have generated almost all REDD+ carbon credits to date, all under Verra, the largest voluntary carbon market registry, and concludes that REDD+ is ill-suited to carbon crediting.
Carbon Market Watch welcomes the opportunity to provide inputs to the Supervisory Body on specific questions pertaining to removal activities. However, we note that the 2-week window to make submissions is extremely short and also overlaps with SB58, which many observer organisations that closely follow the Supervisory Body have attended – as a result, there …
After years of campaigning by activists, the tide is finally turning on the idea of companies buying carbon credits to compensate for their emissions. But how exactly is carbon offsetting harmful and what’s the alternative?
Guidance on the use of carbon credits by private companies published today by the Voluntary Carbon Market Integrity Initiative (VCMI) is a step in the right direction to rein in greenwashing. The proposed set of rules forms a welcome basis to move the conversation forward but more attention should be given to how companies can contribute to climate action outside of carbon markets.
Our latest report reveals how we are reaching peak “carbon neutrality” but the tide is turning on this disingenuous form of marketing and climate action will be better for it.
The CDM Board decided to renew calls for public and private sector buyers to voluntarily purchase and cancel CDM carbon credits.
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