Press Release

New Nordic report explores best practice in voluntary compensation of emissions​

October 28, 2021
A new Nordic report helps to make sense of the key terms and concepts and international guidance related to the voluntary compensation of greenhouse gas emissions. It serves as a basis for an ongoing Nordic dialogue on promoting best practice in voluntary compensation. Best practice will be influenced by the rules for carbon market cooperation under Article 6 of the Paris Agreement, which will be negotiated at the COP26 climate conference in Glasgow in November.

Nordic Dialogue launched to promote best practice in voluntary compensation of emissions

The newly-launched Nordic Dialogue on Voluntary Compensation brings key Nordic stakeholders together to co-create a robust and coherent Nordic approach to voluntary compensation of greenhouse gas emissions consistent with the Paris Agreement. The dialogue aims to inform Nordic and international efforts towards and beyond carbon neutrality efforts
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#NordicDialogue on Voluntary Compensation – 2021 Summary

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.

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