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IOSCO consults on good practices in voluntary carbon markets

Participants attend day four at night of the UNFCCC COP28 Climate Conference at Expo City Dubai on December 03, 2023 in Dubai, United Arab Emirates
Photo: Sean Gallup/Getty Images

Consultation launched on day three of COP28 outlines a set of 21 good practices to promote the integrity of voluntary carbon markets.

The International Organization of Securities Commissions (IOSCO) has launched a consultation to promote the integrity and orderly functioning of the Voluntary Carbon Markets (VCMs).

The 90-day public consultation outlines a set of 21 good practices that it believes will promote the integrity and orderly functioning of VCMs.

VCMs are markets where