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Standards for certifiers of carbon credits have been published by the ICVCM, according to Regulation Asia.

Standards for certifiers of carbon credits have been published by the ICVCM, according to Regulation Asia.

ImpactDigger by ImpactDigger
April 4, 2023
in Carbon market
Reading Time: 1 min read
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Carbon markets and carbon offsets have been growing in popularity as a way to combat climate change. The American Carbon Registry (ACR) is a leading organization in the carbon market, providing independent verification of carbon credits.

Annette Nazareth, a former member of the Securities and Exchange Commission, recently joined the ACR Board of Directors. She brings her expertise in regulation and financial markets to help the ACR navigate the evolving landscape of climate change policy.

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It is important that carbon credit schemes also benefit local communities.

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Carbon offsets and credits allow companies to compensate for their carbon emissions by supporting climate-friendly projects such as renewable energy and reforestation. The Gold Standard is a widely recognized certification standard for carbon offsets, ensuring that the projects are sustainable and provide additional social and environmental benefits.

Disclosure is becoming increasingly important in the carbon market, with investors demanding transparency and accountability. The ACR provides a platform for voluntary carbon offset projects to be registered, verified, and traded.

Carbon markets and offsets can play a significant role in mitigating climate change, but they are not a one-size-fits-all solution. It is important to consider the long-term impact of these projects and ensure they contribute to a sustainable and equitable future.

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