Carbon Market Watch welcomes the development of the Government of Zambia’s Carbon Market Regulations as part of its Statutory Instrument. National regulation for carbon markets are indispensable to regulate existing carbon market standards and frameworks, both within the context of Article 6 and the voluntary carbon market, which have been found to contain many loopholes – loopholes that result in carbon market activities frequently hindering rather than helping achieve the objective of fair and equitable climate change mitigation, including instances of serious negative impacts to local communities.

Please find below our suggestions to strengthen the regulations, especially to ensure that the environmental integrity and human rights safeguards of activities that fall under the regulations are upheld.