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August 7, 2023

ICVCM: voluntary carbon market held back by ‘lack of consistency and clarity’

Air pollution from factory chimneys
Voluntary carbon markets provide carbon emitters a way to offset their emissions by buying carbon credits (Photo: Eddie Seal/Bloomberg)

The standards-setter for the voluntary carbon market believes its new framework for assessing the worthiness of carbon credit programmes is a ‘watershed moment’ as it looks to drive up standards in the space.

Speaking to Sustainable Views following the release of its assessment framework in July, representatives from the Integrity Council for the Voluntary Carbon Market have acknowledged that entrants to the market are having a tough time telling apart good and bad carbon credits.

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