Due South: Voluntary carbon market’s North-South inequality under the spotlight
Our latest report discusses how carbon credits from renewable energy projects are in oversupply and fail to deliver additional climate benefits
Our latest report discusses how carbon credits from renewable energy projects are in oversupply and fail to deliver additional climate benefits
Biodiversity markets are meant to channel private sector funding towards schemes that aim to conserve and restore biodiversity. In its current form, the unregulated funding schemes are reminiscent of the voluntary carbon market, which has a track record of supplying poor quality, cheap credits that inadequately transfer funds to the Global South.
A new report by Carbon Market Watch has raised concerns over a lack of transparency and accountability within the unregulated voluntary carbon market caused by the unavailability of important project documents from the four biggest carbon crediting standards.
REDD+, which aims to reduce or prevent deforestation through the voluntary carbon market, is a complex and confusing area. In this FAQ, we answer some frequently asked questions.