Experts raise alarm over carbon credit risks

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Financial Times 1d ago

Experts raise alarm over carbon credit risks - Financial Times

Quick Summary:

The Integrity Council for the Voluntary Carbon Market is an organisation with a seriously intimidating mission: to restore confidence in the struggling carbon credit market by imposing rigorous, widely respected new standards.

Yesterday’s piece was also signed by Lambert Schneider, who left the expert panel in September due to unhappiness with the ICVCM’s approach, and two members of the separate 14-member subject matter expert group.

Both stressed that the body was set up to accommodate a wide range of experts with differing views.“The system isn’t built to force people into consensus,” Merrill said.“The expert panel members are there to be independent — that’s the point.