Carbon markets for improved offset quality standards

A recent Federal Trade Commission workshop has highlighted concerns about offset quality and consumer information in the fast-growing voluntary carbon market. Carbon Forum America showcases the response of leaders in the carbon market to develop ...

A recent Federal Trade Commission workshop has highlighted concerns about offset quality and consumer information in the fast-growing voluntary carbon market. Carbon Forum America showcases the response of leaders in the carbon market to develop the necessary standards.

Four non-profit entities used their presence at Carbon Forum America to present and interactively discuss their contributions to ensuring offset integrity in Side Events at this conference.

The new Voluntary Carbon Standard (VCS) will be presented in a side event to raise awareness of the emerging global standard for the carbon market. The Voluntary Carbon Standard is a joint initiative of the International Emissions Trading Association, the World Business Council for Sustainable Development, and The Climate Group.

The recently founded "Offset Quality Initiative" (QQI) will address a policy agenda designed to demonstrate how high quality greenhouse gas offsets can be effectively incorporated into emerging climate change policy. QQI consists of six non-profit organizations that have pooled their collective experiences and resources: The Climate Trust, California Climate Action Registry, Environmental Resources Trust, Greenhouse Gas Experts Network, Pew Center on Global Climate Change and The Climate Group.

The Center for Resource Solutions will launch its new Green-e certification called "Green-e Climate". This will be the first program in the U.S. certifying carbon offsets sold on the voluntary retail market. Meant to protect consumers, the program will ensure that offsets sold have passed a rigorous verification program and have been retired on their behalf. Representatives from Green-e Climate will unveil the program during Carbon Forum America.

The Gold Standard will stage an event called "Carbon with a Human Face" The initiative was developed to provide industry and the general public with measurement tools which can be used to quantify the actual effects of carbon finance and the net benefit of offsetting.
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