Bad apples, portfolio approach and the need for consensus: Lessons from CSO Futures’ carbon market webinar
We're narrowing down on what good looks like in the carbon market.
The carbon market has had its share of ups and downs in the past couple of years – and yet, it remains a crucial part of our collective decarbonisation story. Speakers at a recent CSO Futures webinar emphasised the urgency of reaching a consensus on ‘what good looks like’ in the carbon market, in order to accelerate the flows of carbon finance to frontline communities.
After years of growth, the carbon market has been on somewhat of a whirlwind over the past two years: several highly publicised reports came out criticising low-quality carbon offsets, which led to a massive drop in demand and market value. Some companies even announced that they would stop using carbon offsets and redirect this budget towards reductions.
