'Trade with confidence' or 'get-out-of-jail'? Carney-led Taskforce plots legal standards for 'unified' carbon offset market

Michael Holder
clock • 5 min read

Carney-led carbon market Taskforce has sets out plans to establish legal standards and governance body to bolster integrity of CO2 offsets, but environmental campaigners remain unconvinced

Efforts led by Mark Carney to establish a standardised global market for trading carbon credits have taken a step forward today, with the Taskforce on Scaling Voluntary Carbon Markets setting out plans...

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 Offsets

The quiet resilience of carbon markets in 2026

The quiet resilience of carbon markets in 2026

Clarity on Article 6, a focus on co-benefits, and project resilience are providing the stability needed to grow the carbon market, writes Project Developer Forum chair Nick Marshall

Nick Marshall, Project Developer Forum
clock 16 February 2026 • 5 min read
Microsoft and Salesforce deliver latest carbon removal credit spree

Microsoft and Salesforce deliver latest carbon removal credit spree

Companies ink range of new offset deals, spanning regenerative agriculture, biochar, and direct air capture projects

clock 15 January 2026 • 5 min read
Voluntary carbon credit market builds momentum, as focus shifts to 'higher-quality credits'

Voluntary carbon credit market builds momentum, as focus shifts to 'higher-quality credits'

Vast majority of companies that are currently buying carbon credits expect to see volumes increase in the coming years, as confidence grows that Voluntary Carbon Market can complement corporate net zero strategies

James Murray
clock 07 January 2026 • 6 min read