The Voluntary Carbon Market is designed to encourage emissions reductions and support sustainable development. Although a nascent market, it is gaining traction amongst corporations and governments alike as pressure mounts to reach decarbonisation goals.
However, some argue that the VCM lacks standardisation, regulation and credibility, allows organisations to continue emitting greenhouse gasses rather than reducing emissions, and facilitates double counting.
To cut through the complexities of the VCM and understand how to tap into the benefits this market has to offer, Pamela Largue spoke to Luke Leslie, CEO at carbon project financier Carbon Neutral Royalty.
