The Voluntary Carbon Market is designed to encourage emissions reductions and support sustainable development. Although a nascent market, it is gaining traction amongst corporations and governments alike as pressure mounts to reach decarbonisation goals.
However, some argue that the VCM lacks standardisation, regulation and credibility, allows organisations to continue emitting greenhouse gasses rather than reducing emissions, and facilitates double counting.
To cut through the complexities of the VCM and understand how to tap into the benefits this market has to offer, Pamela Largue spoke to Luke Leslie, CEO at carbon project financier Carbon Neutral Royalty.
Norway recently announced the Ocean Grid project that will develop new technology, knowledge, and solutions to enable the profitable development of offshore wind on...
As Europe’s electricity prices soar, the European Commission is considering whether the energy market design is fit for purpose. Governments are weighing market interventions...
Europe continues to face volatile energy markets and uncertain gas supplies, with some countries becoming particularly vulnerable to the effects of this current energy...