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December 5, 2023

Carbon markets standard setters back unity to deliver cohesive guidance

Iosco hopes standardisation could help the voluntary carbon market. It is still recovering from reputational problems, such as Zimbabwe’s Kariba project, which has been accused of over-issuing credits (Photo by Zinyange Auntony / AFP via Getty Images)
Iosco hopes standardisation could help the voluntary carbon market. It is still recovering from reputational problems, such as Zimbabwe’s Kariba project, which has been accused of over-issuing credits (Photo by Zinyange Auntony / AFP via Getty Images)

Standard setters say ‘end-to-end integrity framework’ for carbon markets proposed at COP28 should drive clarity on climate action, as Iosco consults on tighter regulation

Standard setters for carbon markets have indicated their support for greater collaboration as part of a COP-driven push towards an “end-to-end integrity framework”, just as the International Organization of Securities Commissions launches a consultation into tighter regulation of the carbon markets.

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