Gold Standard, a non-profit that provides frameworks for climate and sustainable development interventions, has launched a new initiative to tackle confusion around carbon offsetting. The “Standardized Framework for the Validation and Verification of Carbon Assets” aims to provide guidance for organisations on how to design and implement high-quality climate change mitigation strategies, using various offsetting methods. While carbon offsetting has been criticised for potentially allowing companies to continue polluting, many organisations use such techniques in order to achieve net-zero goals. Gold Standard’s framework aims to reduce confusion caused by differences between standards adopted by different companies and countries, helping to enable more consistent measurement. The initiative aims to combine current best practices while ensuring inputs are diverse and reflective of all stakeholders.
ICE is preparing to introduce a futures market for carbon credits under CORSIA, which will focus on reducing airline emissions.
Intercontinental Exchange (ICE) announced plans to launch a physically delivered futures contract for carbon credits eligible for use by the...