Voluntary Carbon Market Integrity Initiative: ‘We need corporates to take action’
Carbon market integrity initiatives need companies to help demonstrate their impact.
Carbon market integrity initiatives have laid out frameworks to make voluntary carbon markets more transparent. Now they need companies to help demonstrate their impact.
In the past couple of years, the Voluntary Carbon Market Integrity Initiative (VCMI) and the Integrity Council for Voluntary Carbon Markets (ICVCM) have been working at full steam. Faced with growing outroar about the real vs claimed impact of carbon offsets, they took on the task of developing methodologies to ensure that voluntary carbon finance mechanisms actually deliver their promised impact on the climate, people and nature.