Good morning and thank you all for joining us at the CFTC’s second convening on voluntary carbon markets. There is much interest in spot voluntary carbon credit markets over which the CFTC has antifraud jurisdiction. [6]The spot voluntary carbon credit markets continue to face challenges. Some companies have pivoted away from carbon markets entirely out of concerns that using carbon credits leaves them open to accusations of greenwashing. Efforts by voluntary bodies like the Integrity Council on Voluntary Carbon Markets (“ICVCM”) are an important and welcome attempt to create a common understanding of a high-quality carbon credit.

Source: The Guardian July 19, 2023 20:58 UTC