Verra will not require corresponding adjustments for voluntary offset transactions

Published 16:19 on April 23, 2021  /  Last updated at 16:25 on April 23, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

Offset standard manager and developer Verra on Thursday said it will not require corresponding adjustments for Paris Agreement-era voluntary carbon market (VCM) transactions, arguing such a move could hinder climate finance to developing countries and create needlessly complex accounting systems.

Offset standard manager and developer Verra on Thursday said it will not require corresponding adjustments for Paris Agreement-era voluntary carbon market (VCM) transactions, arguing such a move could hinder climate finance to developing countries and create needlessly complex accounting systems.

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