As countries have begun setting up domestic systems to manage emissions reduction units and trade them internationally under Article 6, domestic regulatory frameworks have come to play a major role in defining the overall integrity of the UNFCCC’s Carbon Trading mechanisms. SDSG carbon intern hunter sims assesses what “article 6 readiness” means in practice using 3 case study jurisdictions central to SDSG’s work on carbon markets.
Verra’s latest update to its Verified Carbon Standard marks a clear attempt to restore trust in voluntary carbon markets by introducing stronger rules on carbon rights and benefit-sharing. But will these changes deliver genuine transformation, or merely reduce the most visible forms of abuse in carbon projects? SDSG Carbon Fellow Bennett Jarvis examines whether the new standard meaningfully shifts power toward communities, or simply places guardrails around a flawed model.
Sustainable Development Strategies Group (SDSG) promotes equitable and ecologically sound approaches to poverty reduction through sustainable management of natural resources.