Post by Pedro Martins Barata

Carbon Pricing & Climate Policy Leader | Translating Global Climate Commitments into Market Action | EDF

After more than twenty years working on permanence in carbon markets — including those long nights in Milan in 2003 — I find myself, somewhat unexpectedly, optimistic. The debate between Article 6.4's stricter permanence standard and the voluntary market's buffer pool approach is real. But I think it is being framed as a structural divide when it is, in practice, a timing problem. The financial mechanisms needed to bridge it are being built right now. I've written up the history and the argument in full — from the CDM's tCERs and lCERs to the Warsaw Framework to the Permanence Trust feasibility study now underway at AFF and Kita and the work programme of the ICVCM. Worth a read if you're following this space. Be on the lookout for the deliverables coming in the months ahead. The Integrity Council for the Voluntary Carbon Market (ICVCM) Alexia Kelly Mikela Waldman Nathan Truitt American Forest Foundation Kita Natalia Dorfman Gabriel Labbate Daniel Ortega Pacheco #carboncredits #carbonmarkets

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