As Net Zero pledges proliferate and demand for carbon credits grows, Gold Standard and Costa Rica announce that they will partner to develop best practices for processes to ensure the integrity of voluntary carbon offsetting claims.

Given the binary nature of the Kyoto Protocol, under which only developed countries took on emissions limits, a “carbon neutral” target has been a simple way for companies to set ambition and take action outside their boundaries – that is, beyond what would be included in their inventory reporting – and to unlock unique claims.

Today, the picture is more complex and dynamic: