FAQ: Carbon markets explained
Our latest FAQ has the answers to everything you always wanted to know about global carbon markets
Our latest FAQ has the answers to everything you always wanted to know about global carbon markets
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.
Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP28, governments will further develop the rules governing these markets.
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.
Cette note d’information évalue systématiquement l’efficacité des quatre méthodologies basées sur des projets les plus populaires de l’organisme de normalisation Verra pour générer des crédits carbone à partir de projets qui protègent les forêts (REDD+).
Un informe basado en la investigación del Berkeley Carbon Trading Project que muestra cómo Verra concede a los desarrolladores una gran flexibilidad a la hora de calcular las reducciones de emisiones, y explica cómo esto ha dado lugar a la atribución excesiva de créditos.
A briefing based on Berkeley Carbon Trading Project research showing how Verra grants developers a large amount of flexibility when estimating emission reductions, and explains how this has resulted in overcrediting.
The report is focused on the four crediting methodologies that have generated almost all REDD+ carbon credits to date, all under Verra, the largest voluntary carbon market registry, and concludes that REDD+ is ill-suited to carbon crediting.
A letter sent from Carbon Market Watch detailing a formal complaint related to the registration of – and issuance to – REDD+ projects under the VCS.
An in-depth study of the main methodologies used by REDD+ forest conservation projects has exposed a series of shortcomings that allow project owners to stretch reality and create a vast quantity of carbon credits for projects that have questionable climate impacts.