Key Carbon Body Approves New Standards For Nature Offsets
Bloomberg reports that new methodologies cover over 400 million potential credits. Stricter quality criteria will tighten projects’ credit output.
A key oversight body has approved new standards for nature-based offsets, a move that could help restore investors’ confidence in a market battered by greenwashing concerns. More than 400 million nature-based offsets currently in the pipeline are set to be eligible for the Core Carbon Principles label set by the Integrity Council for the Voluntary Carbon Market. The credits fall... ...
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