IOSCO Introduces New Standards to Regulate Voluntary Carbon Markets
The International Organization of Securities Commissions (IOSCO) has unveiled a set of comprehensive standards aimed at enhancing the integrity and transparency of voluntary carbon markets. This significant development is designed to foster greater trust among investors and stakeholders in the burgeoning carbon offset industry, which has seen explosive growth as a tool for combating climate change.
Continue readingFormer C-Quest CEO Newcombe Charged with Carbon Credit Fraud
Ex-CEO John Newcombe was charged with leading a complex carbon credit fraud scheme for California-based C-Quest, which became a breathtakingly sensational case that utterly shook the foundation of the environmental and business communities, who continuously have high-profile leaders concerned with legal controversies.
Continue readingThe Carbon Market's Last Hurdle: Overcoming the Challenges
Carbon markets have emerged as an imperative tool to deal with the crisis while the world is still trying to grapple with the most pressing issue of climate change. Their potential notwithstanding, the challenges they face are more likely to hinder their effectiveness. An analysis recently threw light on the latest obstacle that the markets must sail through to realize their full potential.
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