'This is putting companies on the hook': Can Mark Carney help build a credible carbon offset market?

Michael Holder
clock • 9 min read
Young mangrove planting and restoration can help drive down emissions and prevent coastal erosion
Image:

Young mangrove planting and restoration can help drive down emissions and prevent coastal erosion

Taskforce on Scaling Voluntary Carbon Markets unveils recommendations on how to scale up investment in emission reduction programmes, but environmental campaigners remain unimpressed

An independent body should be set up to oversee a credible global market for businesses worldwide to purchase offsets for their carbon emissions, in order to both help meet surging demand for emission...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now Try 7 day trial

 

Already a BusinessGreen
member?

Login

More on Offsets

An oil refinery in the US | Credit: iStock
CCS

Carbon Tracker: How Oil and gas majors are 'gambling' their future on risky carbon capture projects

Carbon Tracker warns oil firms' climate strategies lack credibility as they largely focus on offsetting, CCS, and direct air capture rather than emissions cuts

Michael Holder
clock 12 May 2022 • 5 min read
The Big Wild Forest Carbon Project, started in spring 2021, became the first state land generating credits. Those have been promised to the Detroit-based energy company DTE / Credit: Michigan Department of Natural Resources

State lands open for carbon crediting, but how good are those credits?

An important new front is opening up in the US carbon offset market, but can it deliver on its promise?

Jesse Klein, GreenBiz.com
clock 06 May 2022 • 6 min read
'A new world of hybrid governance': Rachel Kyte on the battle to bring integrity to voluntary carbon markets

'A new world of hybrid governance': Rachel Kyte on the battle to bring integrity to voluntary carbon markets

The Voluntary Carbon Markets Integrity Initiative is poised to publish claims guidance for businesses hoping to tap credits to help reach net zero goals - Co-chair Rachel Kyte gives BusinessGreen a peek at what to expect

Cecilia Keating
clock 03 May 2022 • 11 min read