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Global Governance Body Planned for Voluntary Carbon Markets

A new governance body will be formed to standardise operations of voluntary carbon markets and unify them behind a consistent set of values and standards.

The Taskforce on Scaling Voluntary Carbon Markets has issued a new report setting out the next steps that are needed for the creation of a scaled, high-integrity voluntary market for the trading of carbon credits. The taskforce, sponsored by the IIF (Institute of International Finance), is a private sector-led initiative…

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