{"id":26938,"date":"2024-04-29T18:56:03","date_gmt":"2024-04-29T16:56:03","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=26938"},"modified":"2024-04-29T18:59:09","modified_gmt":"2024-04-29T16:59:09","slug":"what-is-a-voluntary-carbon-market-and-what-is-its-contribution-to-climate-action","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2024\/04\/29\/what-is-a-voluntary-carbon-market-and-what-is-its-contribution-to-climate-action\/","title":{"rendered":"What is a voluntary carbon market - and how does it contribute to climate action?"},"content":{"rendered":"<p>The voluntary carbon market is a mechanism used for private financing of climate projects that has become increasingly widespread in recent years. This discussion explains how the voluntary carbon market works and discusses the main points of criticism directed at the mechanism. In particular, these are:<\/p>\n<p>Quality of climate projects: Many climate projects do not meet the quality criteria needed to effectively reduce greenhouse gas emissions.<\/p>\n<p>Corporate climate strategies: In many cases, corporate climate targets are not transparent and are incompatible with the 1.5 degree Celsius target of the Paris Agreement. In particular, excessive use of carbon credits could lead to companies neglecting to implement measures to reduce their own greenhouse gases.<\/p>\n<p>Regulation: The voluntary carbon market is currently virtually unregulated. The lack of binding quality criteria exacerbates existing problems.<\/p>\n<p>The future of the voluntary carbon market is uncertain. Structural as well as supply-side and demand-side factors will determine how this mechanism and its contribution to climate action will evolve in the future.<\/p>\n<p>(<em>German National Academy of Sciences Leopoldina, more on Leopoldina <a href=\"https:\/\/www.google.com\/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https:\/\/www.leopoldina.org\/fileadmin\/redaktion\/Publikationen\/Nationale_Empfehlungen\/2024_Impuls_ESYS_Kohlenstoffmarkt-EN.pdf&amp;ved=2ahUKEwibp-H88OeFAxW9-AIHHdOaCRA4UBAWegQICBAB&amp;usg=AOvVaw30BcR2foR_GqIz6lbvlbXD\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">leopoldina.org<\/span><\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The voluntary carbon market is a mechanism used to privately finance climate projects that has become increasingly widespread in recent years. This discussion explains how the voluntary carbon market works and discusses the main points of criticism directed at the mechanism. In particular, these are: Quality of climate projects: Many climate projects [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-26938","post","type-post","status-publish","format-standard","hentry","category-uhlikove-kredity"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/26938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=26938"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/26938\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=26938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=26938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=26938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}