Quality standards to hold carbon offsetting industry to account

New guidelines for $2bn carbon offsetting industry aim to guide buyers towards high-quality credits

New quality standards for the $2bn carbon offsetting industry have been published to help guide buyers to high-quality credits following widespread concern that many are just hot air.

On Thursday, new guidelines for a “good” carbon credit programme were announced by the Integrity Council for the Voluntary Carbon Market (ICVCM), an initiative that aims to reassure buyers about the quality of offsets they are buying for climate commitments and help them avoid credits that do nothing to mitigate climate change or might be linked to human rights violations.