Tag

Voluntary Carbon Markets

All articles tagged with #voluntary carbon markets

environment1 year ago•3 min saved

Biden Administration Sets New Standards for Carbon Offset Market Integrity

The U.S. government has introduced new rules to enhance the integrity of voluntary carbon markets, aiming to restore confidence after several high-profile offset projects failed to deliver promised emissions reductions. The policy, announced by top officials including Treasury Secretary Janet Yellen, sets strict standards to ensure real and quantifiable emissions reductions and encourages companies to prioritize decarbonizing their supply chains. This move aligns with global efforts to establish high-quality carbon credits and aims to mobilize private finance for climate solutions.

via Reuters|

#carbon-offsets #climate-policy #emissions-reduction

environment1 year ago•12 min saved

Biden Administration Sets New Standards for Carbon Credit Integrity

The Biden-Harris Administration has announced new principles for high-integrity voluntary carbon markets (VCMs) to ensure they drive credible climate action and economic opportunities. These principles aim to establish robust standards for carbon credits, improve market functioning, and ensure fair treatment of participants. The administration's efforts include creating new climate opportunities for farmers, advancing carbon dioxide removal technologies, and supporting international market development. The goal is to enhance the integrity and effectiveness of VCMs in achieving the U.S.'s ambitious climate goals.

via The White House|

#biden-harris-administration #clean-energy #climate-change

environment1 year ago•4 min saved

"Biden Administration Sets New Standards for Carbon Credits"

The U.S. Department of the Treasury, alongside other federal agencies, has released a Joint Policy Statement and Principles for Responsible Participation in Voluntary Carbon Markets (VCMs). These markets, which trade carbon credits to reduce emissions, are seen as crucial for mobilizing private capital to drive decarbonization and economic opportunities. The Biden-Harris Administration aims to ensure these markets operate with high integrity to effectively combat climate change and support economic development, particularly for farmers, ranchers, and developing countries.

via Treasury|

#biden-administration #climate-change #decarbonization