September 2023

Voluntary Carbon Markets (VCMs) are recognised as a “powerful climate finance tool” with notable secondary benefits – e.g. raising biodiversity and supporting local communities economically, particularly in the global south. However, the market suffers from a lack of trust, stymying growth, and potential buyers of carbon credits are often wary of greenwashing accusations.

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The APPG has transferred its activities to the Policy Liaison Group on ESG and is no longer active. You can find all the group’s roundtable summaries, minutes and reports until the 31st of March 2024 on this site.