Building a Credible Carbon Market: An Interview with ICVCM

Friday, 5 April 2024, 10:06

In an exclusive interview with ICVCM officials, the post highlights the importance of allowing time for the gradual development of a credible carbon market. Emphasizing the need for integrity initiatives and caution in CCP assessments, the article points out the ongoing pressure on carbon offset prices. The approach outlined by ICVCM aims to achieve market confidence through a systematic and informed strategy.
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Building a Credible Carbon Market: An Interview with ICVCM

Building a Credible Carbon Market: An Interview with ICVCM

Mindful not to rush with CCP assessments, say officials. Integrity initiatives are critical for regaining market confidence.

Key Points:

  • Time Matters: Building credibility in the carbon market requires patience and careful assessment.
  • Integrity is Key: Upholding integrity initiatives is essential for rebuilding confidence in the market.
  • Price Pressures: Carbon offset prices continue to face downward pressure amid ongoing challenges.
  • Strategic Approach: ICVCM advocates for a step-by-step strategy to enhance market trust and stability.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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