Consultation Report Overview
As companies and other non-state actors set climate targets, there is growing interest in voluntary carbon markets. Provided the purchased carbon credits are high quality, voluntary carbon markets provide an opportunity to channel significant private sector finance into mitigating climate change, protecting nature and supporting sustainable livelihoods, at a time when finance is so urgently needed.
But integrity is crucial to ensure that the use of voluntary carbon markets strengthens – rather than undermines – global action towards achieving the goals of the Paris Agreement.
Drawing on initial discussions with a diverse range of stakeholders, the Consultation Report proposes areas of engagement that are complementary to existing initiatives working to enhance the integrity of voluntary carbon markets.
Download the Consultation Report: Aligning Voluntary Carbon Markets with the 1.5˚C Paris Agreement Ambition: A global consultation report of VCMI.