December 22, 2023
In a Nordic COP28 side event “Voluntary Carbon Markets: Latest Developments in Best Practices”, a panel of public and private sector experts reflected on the evolving role of voluntary carbon markets (VCM) in the context of the Paris Agreement.
November 24, 2022
Integrity, integrity, integrity. That was the focus across the many events on voluntary carbon markets at COP27. The message was clear: while participation in voluntary carbon markets is and will remain optional, ensuring integrity is not. Integrity is also key to unlocking private finance at scale. The role of regulation received increasing attention in these discussions. Several major initiatives on voluntary carbon markets were announced at COP27.
June 29, 2022
This year, numerous actors are publishing guidance for voluntary compensation of GHG emissions, including the Voluntary Carbon Markets Integrity Initiative, the Nordic Dialogue on Voluntary Compensation and the Gold Standard. Important commonalities and noteworthy differences are highlighted in this blog post.
December 21, 2021
The Nordic Dialogue on Voluntary Compensation, which was launched in June 2021 with funding from the Nordic Council of Ministers, has been highly active in the last months, culminating in the establishment of a working group, the launch of a Nordic report on voluntary compensation and several events at the 26th Conference of the Parties (COP26) in Glasgow. The initiative has been recognised as one of the initiatives shaping the future of the voluntary carbon market alongside initiatives such as the ScienceBased Targets initiative, the Integrity Council for Voluntary Carbon Markets and the Voluntary Carbon Markets Integrity Initiative.
November 22, 2021
The COP26 climate conference in Glasgow delivered promises to keep the world on the 1.5-degree pathway as well as long-awaited rules for market-based cooperation under Article 6 of the Paris Agreement. This cooperation is also available for voluntary carbon market actors. Ain Glasgow, the Nordic Dialogue on Voluntary Compensation convened timely discussions on the role of voluntary carbon markets in the global net-zero transition.
August 18, 2021
We are currently witnessing historic momentum in voluntary commitments towards and beyond carbon neutrality by an increasing number of companies and other non-state actors wishing to contribute to the global transition to net zero greenhouse gas emissions. There are numerous international and national initiatives exploring how the voluntary carbon markets can help to turn voluntary commitments into real results. The Nordic Dialogue on Voluntary Compensation offers a timely opportunity to navigate, complement and inform these initiatives with Nordic perspectives.