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

Carbon-offsetting

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here