This guide gives an introduction to the current state of international carbon credit markets. It lays out key elements of the newly established markets under the Paris Agreement, and the functioning of the voluntary carbon market, which operates outside of the UN system. It concludes with a discussion of the role of these mechanisms in climate action, and how they should and should not be used.
Due south: Geographic disparity of project actors in the voluntary carbon market
The voluntary carbon market (VCM) is often championed as a key tool for combating climate change and funding climate mitigation projects, especially in economically disadvantaged regions