Origins and Landscape of Voluntary Carbon Markets
Nicola Steen
30 years: Emissions Trading Schemes
In this video, Nicola discusses how carbon markets help reduce rising emission levels. She has distinguished between mandatory carbon markets and voluntary carbon markets. She further explains the early building of the voluntary carbon market around the world. She further explores the setup of Verra’s Voluntary Carbon Standard (the VCS) and the Gold Standard in parallel to the Government-led UN’s Clean Development Mechanism
In this video, Nicola discusses how carbon markets help reduce rising emission levels. She has distinguished between mandatory carbon markets and voluntary carbon markets. She further explains the early building of the voluntary carbon market around the world. She further explores the setup of Verra’s Voluntary Carbon Standard (the VCS) and the Gold Standard in parallel to the Government-led UN’s Clean Development Mechanism
Origins and Landscape of Voluntary Carbon Markets
13 mins 25 secs
Emissions limitations and a decrease in the amount of greenhouse gases produced by economies are crucial. The numerous trading mechanisms make it possible for these reductions in growth and development patterns as well as modifications to take place in the most effective and cost-effective ways possible. We must make sure that our infrastructure and energy systems are installed, expanded, or replaced in a clean, efficient, and sustainable manner.
Key learning objectives:
Understand how carbon markets help reduce rising emission levels
Learn the origins of Voluntary Carbon Markets
Understand the setup of Verra’s VCS and Gold Standard in parallel to UN’s CDM
Outline the types of carbon markets
Nicola Steen
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