New governing body formed to oversee voluntary carbon markets

New Governing

The Taskforce on Scaling Voluntary Carbon Markets has announced the formation of an independent governance body for carbon markets and credits that will aim to set a global benchmark in proving the social value and carbon reduction potential of carbon credits and offsetting.

Launched last September, the Taskforce on Scaling Voluntary Carbon Markets works to take stock of existing voluntary offsetting schemes and identify key challenges to scaling them up while ensuring credibility and avoiding issues like double counting.

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