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The Voluntary Carbon Market Integrity Initiative (VCMI) launched its Claims Code of Practice which aims to give companies a rulebook to follow for making credible climate claims using carbon credits on their path to net zero. VCMI first published the draft of the Claims Code in June last year. Since then, it went through beta testing by...
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A recent agreement will allow the Brazilian state of Tocantins to sell carbon credits to Swiss oil-trading company Mercuria. Proponents see the deal as an opportunity for Tocantins to obtain financial resources that will support the state’s environmental policies. However, carbon offsets are hotly debated and many experts say the carbon market does more harm...
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