Integrity Council’s new carbon market rules offer improvements but don’t close all loopholes

by Khaled DiabClimate finance, Global marketsPosted on Comments are Disabled

The Integrity Council for the Voluntary Carbon Market has just released a set of new rules which seek to boost the quality of carbon credits for offsetting but ignore other issues with the market. While this is an improvement on current practices, the problematic concept of offsetting itself must be abandoned. As part of its …

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Scale vs integrity: The impossibility of developing a large market of high quality carbon offsets

by Gilles DufrasneCorporate climate responsibility, Global markets, Land use and forestryPosted on Comments are Disabled

Voluntary carbon market standards promising tonne-for-tonne compensation and exact measurement of impact are attempting to square the circle, argues Gilles Dufrasne. One solution is to drop offsetting claims and offer credits as financial contributions to climate action. Last week marked the closing of the public consultation on quality criteria for carbon credits by a new …

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