The voluntary carbon market (VCM) is a significant component of global efforts to address climate change, providing a mechanism for companies, governments, and individuals to offset their greenhouse gas (GHG) emissions by purchasing carbon credits. As of recent estimates, the size of the voluntary carbon market is valued at approximately $2 billion, reflecting its growing...Read More

The Integrity Council for the Voluntary Carbon Market (ICVCM), a key oversight body in the carbon offset market, recently determined that existing methodologies for renewable energy projects fall short in proving the additionality of their emissions reductions. Additionality refers to the concept that carbon credits should only be awarded for emission reductions that would not...Read More