To ensure that the new carbon market under Article 6 of the Paris Agreement benefits the climate and society, the supervisory authority set up to govern it must get the rules absolutely right. That is why Carbon Market Watch submitted a set of recommendations.
This study assesses the effectiveness of carbon market grievance mechanisms of leading voluntary carbon market standards. While most voluntary carbon market standards have grievance mechanisms in place, most of them are opaque and do not properly describe their procedures.
The standards bodies operating in the voluntary carbon market must ensure that climate projects take the rights and concerns of local and indigenous communities into account and offer them avenues for redress. A review conducted on behalf of Carbon Market Watch found that only one standard body, Gold Standard, provides appropriate recourse to file grievances …
Read more “Blocked avenues for redress: Shedding light on carbon market grievance mechanisms”
The new body tasked with designing and supervising the global carbon market under the Paris Agreement must put in place environmental safeguards and protect the interests of local and indigenous communities.
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