Mobilizing_Voluntary Carbon Markets to Drive Climate Action Recommendations

Companies are acutely and increasingly aware of the need for climate action. While companies design and implement long-term internal decarbonization strategies, many are looking to make immediate and meaningful progress on their climate change commitments through carbon markets.



CDM method transformation: updating and transforming CDM methods for use in an Article 6 context

In the context of crediting mechanisms for emission reduction projects, methodologies define how to set the crediting baseline, to test additionality, and to monitor and quantify emission reductions. They are therefore crucial for ensuring the environmental integrity of the carbon credits issued. The over 250 methodologies approved under the Clean Development Mechanism (CDM) of the Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC) constitute the most important body of knowledge in this regard.


COMMENTARY on the Oxford Principles for Net Zero Aligned Carbon Offsetting

New analysis and initiatives point to continued growth in voluntary carbon offsetting, including Mark Carney's Task Force on Scaling the Voluntary Carbon Market. This underscores the potential for markets to catalyse high integrity, science-aligned climate action.


What makes a good Carbon credit

Phase 1: Definition of criteria for assessing the quality of carbon credits


How could the concept of an "overall mitigation in global emissions" (OMGE) be operationalized under the Paris Agreement?

The Paris Agreement’s Article 6 establishes a new framework for using international car-bon market mechanisms. The primary objective of the approaches under Article 6 is to facilitate voluntary cooperation between Parties, to allow for higher ambition and to pro-mote sustainable development and environmental integrity. Moreover, Article 6.4 establishes the concept of delivering an “overall mitigation in global emissions” (OMGE).


How to avoid double counting of emissions reductions

How to Avoid Double Counting of Emissions Reductions

Type: Fact Sheet

Date: November 1, 2018

This user-friendly handbook identifies eight existing or potential transfer scenarios that could lead to double counting of emissions reductions, cites the legal requirements relevant to the accounting of these transfers, and proposes the actions needed by participating entities to avoid double counting in each scenario.