The government has published a set of principles seeking to maintain integrity of the voluntary carbon and nature market.
The principles “guide responsible participation in voluntary markets for buying and selling carbon and nature credits”.
The 6 principles are
- Use credits in addition to ambitious actions within value chains
- Use high integrity credits
- Measure and disclose the planned use of credits as part of sustainability reporting
- Plan ahead
- Make accurate green claims using appropriate terminology
- Co-operate with others to support the growth of high integrity markets
Photo credit: Nikolaos Kola