Voluntary carbon markets need to be ‘cut a bit of slack’

Catherine McGuinness says excessive focus on greenwashing in fledgling market could undermine its development


The market for carbon offsets has been unfairly scrutinised and needs more leeway to encourage broader participation, according to a senior adviser to one of the industry initiatives.

The burgeoning market has been plagued by questions over the quality of the underlying projects and by allegations that the credits, which reflect carbon not released into the atmosphere, allow companies to greenwash their environmentally harmful activities.

“We need to cut a bit of slack here,” said Catherine

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