The International Organisation for Standardisation (ISO) and the Greenhouse Gas Protocol (GHG-P) decision to create common emissions accounting standards has the potential to streamline and simplify procedures. However, this must be done in a way that lifts climate ambition
Carbon Market Watch (CMW) welcomed the opportunity given by the UK government to provide feedback on its proposed policy and governance framework, “Voluntary carbon and nature markets: raising integrity”.
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.
Third-party auditors are meant to safeguard and underwrite the quality of carbon markets, yet the intrinsic conflict of interest with which they grapple undermines their role as independent verifiers. This was the conclusion of a new study.
Corporate climate action is more often than not approached as a branding or marketing exercise, whereas it needs to be about rethinking and redesigning business models. As the Corporate Climate Responsibility Monitor (CCRM) 2025 reveals, companies need to urgently scale up their awareness of and commitment to transformative change by rolling out a number of …
In new guidance, the Voluntary Carbon Markets Integrity Initiative (VCMI) is promoting the use of carbon credits to camouflage the fact that companies grappling with their indirect (scope 3) emissions are off track to reach their commitments. But carbon credits must not replace direct emissions reductions, NGOs warn.
The decision by the Integrity Council for the Voluntary Carbon Market (ICVCM) to withhold its stamp of approval from the most problematic cookstove methodologies and to approve a good methodology is a welcome step in the right direction but more needs to be done.
Shell was the world’s largest user of carbon credits in 2024, a year in which fossil fuel companies dominated the voluntary carbon market. This allows them to pretend they are taking significant climate action, while continuing with business as usual. Since the ratification of the Paris Agreement, companies have shifted the way they consider and …
Read more “Behind the green curtain: big oil and the voluntary carbon market”
Carbon Market Watch filed this complaint with the Integrity Council for Voluntary Carbon Market (ICVCM) to flag that Verra’s “review” of Human Rights Watch’s grievance related to Cambodia’s Southern Cardamom REDD+ project does not comply with the ICVCM Assessment Framework provisions on grievance mechanisms.
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