The Paris Agreement poses a new framework for carbon markets compared to the Kyoto Protocol. While the Kyoto Protocol was limited in both coverage and ambition, the Paris Agreement applies to all countries and its ambition introduces global net zero emissions targets.
These changes prompted reflection on how the voluntary carbon market can best contribute to the goals of the Paris Agreement. With support from the German government, Gold Standard convened a working group, including WWF, CDP, WRI, The Nature Conservancy, Carbon Market Watch, ICROA, and other standards bodies, to define the nature of voluntary carbon credits, associated claims, and implications on accounting in this new context.
This webinar discusses and gathers feedback on the outputs from this working group, a statement on the role and design of the voluntary carbon market to support the goals of the Paris Agreement.