Onward with offsets

The market for over-the-counter (OTC) voluntary emissions offsets, which allow large companies and individuals to offset their carbon footprints, has recently experienced a sharp rise in transaction volumes after being long overshadowed by government-mandated compliance trading.

Market participants, the media and the public are urging more transparency and standardisation in the market. Should such improvements be made, the potential for the market is vast, both in terms of benefits to partic