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What is a high-integrity VCM?

  • Climate finance must increase five-fold annually to avoid the worst effects of climate change. Voluntary carbon markets can get private sector finance to the ground, fast.
  • VCMI’s Claims Code of Practice ensures integrity on the demand side. This means that companies use carbon credits in addition to – not instead of – decarbonization and make credible claims.
  • ICVCM Core Carbon Principles ensure integrity on the supply side. This means that carbon credits represent real, verified GHG reductions and removals, and apply robust environmental and social safeguards.
  • We can’t afford to have VCMs without integrity, risking greenwashing. The market must adopt VCMI and ICVCM end-to-end rules for integrity to address the faults of the past.