International > Rating agency warns CCP labels won’t guarantee each credit is worth a tonne of CO2

Rating agency warns CCP labels won’t guarantee each credit is worth a tonne of CO2

Published 16:49 on September 22, 2023  /  Last updated at 20:11 on September 22, 2023  / Paddy Gourlay /  International, Nature-based, Voluntary

A carbon credit rating agency has warned against a headlong rush into commoditising carbon credits as the ICVCM prepares to tag the first categories of unit with its CCP integrity label, which is expected to reassure corporates that each credit is worth a tonne of CO2.
A carbon credit rating agency has warned against a headlong rush into commoditising carbon credits as the ICVCM prepares to tag the first categories of unit with its CCP integrity label, which is expected to reassure corporates that each credit is worth a tonne of CO2.


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