Friday, 21 February 2025

Spotlight: Voluntary Carbon Markets (VCMs)

“Voluntary carbon markets can be a powerful tool for mobilizing the investment in innovative technologies and actions needed to keep a 1.5 C limit on warming within reach. VCMI [the Voluntary Carbon Markets Initiative] is performing a vital service by establishing high-integrity pathways for companies to support stronger climate action while making progress toward their own net-zero goals. By creating sound guardrails for the use of high-quality carbon credits, the new VCMI guidance will provide strong assurance that this finance will help deliver the greater climate action we so urgently need.”
– John Kerry, Former U.S. Special Presidential Envoy for Climate

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What role can carbon markets play in carbon capture and storage? The Oxford Institute for Energy Studies takes a look

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