VCMI’s new framework needlessly endangers its credibility

by Gilles DufrasneGlobal marketsPosted on Comments are Disabled

The Voluntary Carbon Market Integrity initiative’s latest guidance on the use of carbon credits by companies undermines VCMI’s stated mission of combating greenwashing and setting out a framework for making valid climate claims.  Last year, VCMI published its long anticipated Claims Code of Practice, which provides guidance for companies on how to use carbon credits …

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New CMW study and SBTi assessment highlight risks associated with carbon offsetting

by Miriam Vicente MarcosCorporate climate responsibility, Global markets, Greenwashing, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

Fresh evidence published by the Science Based Targets initiative (SBTi) confirms the unsuitability of carbon offsetting to meet emissions targets, echoing the findings of a new Carbon Market Watch study that casts doubt over the fairness of financial flows in the voluntary carbon market (VCM).