Updated: Carbon market under fire as UN suspends British CDM project accreditor

James S Murray
clock • 4 min read

Second suspension of official emission project verifier within a year highlights flaws in UN's flagship offsetting scheme

The credibility of the UN's flagship carbon offsetting scheme, the Clean Development Mechanism (CDM), has received a fresh body blow after one of the leading auditors of emission reduction projects was...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

Study: Core Carbon Principle-labelled credits command 25 per cent price premium

Study: Core Carbon Principle-labelled credits command 25 per cent price premium

Demand for high-integrity credits driven by US, where carbon removals projects are issuing around 20 per cent of global supply, study finds

Stuart Stone
clock 05 December 2025 • 3 min read
Law firm Clyde & Co announces innovative five-year carbon removal deal

Law firm Clyde & Co announces innovative five-year carbon removal deal

Clyde & Co partners with Nature Broking on pioneering balance sheet treatment that transforms sustainability investment from cost to asset

clock 27 November 2025 • 3 min read
Study: Voluntary Carbon Market increasingly seen as 'proven' route for driving climate action

Study: Voluntary Carbon Market increasingly seen as 'proven' route for driving climate action

Two-thirds of sustainability professionals trust recognised VCM standards, but 46 per cent stress clearer policy is needed to further scale the market

Stuart Stone
clock 04 November 2025 • 5 min read