If done right, frameworks will raise the standards of reporting and data disclosure about carbon offsets. Carbon credit ratings have a complementary role to play in helping to improve standards and should also be part of a broader suite of standardized carbon credit disclosure requirements for companies. For example, highlighting a credit’s rating could bring an extra layer of integrity to the reporting process and a feedback loop to assessing net-zero transitions. Together, ratings and frameworks will help to improve corporate reporting on the quality of their broader climate strategy, as well as raising the bar for VCM disclosure standards.
Frameworks must embrace carbon credits to spur transition to net zero
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