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DESNZ announces plans to consult on VCNMs

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Published on: 15 November 2024

Published by LNB News

LNB News 15/11/2024

Document Information

Issue Date: 15 November 2024

Published Date: 15 November 2024

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Department for Energy Security and Net Zero (DESNZ) has announced plans to launch a consultation in early 2025 on measures to improve the integrity and use of voluntary carbon and nature markets (VCNMs) and implementing the government's Principles for Carbon and Nature Market Integrity. The consultation will seek views on clarifying standards for high-integrity markets, including the potential endorsement of the Integrity Council for the Voluntary Carbon Market’s Core Carbon Principles and Voluntary Carbon Markets Integrity Initiative’s Claims Code of Practice.

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