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The Guardian article on the integrity of REDD+ carbon credits

"The world needs dreamers and the world needs doers. But above all, the world needs dreamers who do."


Attributed to Sarah Ban Breathnac, this was the "Quote of the month" from the latest edition of Curiously Green, a newsletter distributed by Wholegrain Digital (In the coming days we will post an interesting article from them).


You probably heard about a polemic article from last January 18 2023 by the British newspaper The Guardian. According to the article, a "nine-month investigation has been undertaken by the Guardian, the German weekly Die Zeit and SourceMaterial, a non-profit investigative journalism organisation." The title of the article: "Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows"


Needless to say that the outcry has been significant by the main players in the carbon credit markets, specially those REDD+ focused. Below we selected some important reactions, for your reference and aligned with Carbon Credit Markets recent editorial trend of posts related to regulation, quality and transparecy in the carbon credit markets.


Selected reactions to The Guardian's article:

- Verra Response to Guardian Article on Carbon Offsets ("incorrect article and conclusions")

- Gold Standard: The importance of trust in the carbon market ("we don’t certify credits of the type in question")

- Gold Standard (sharing report by Oeko Institute for Applied Ecology, Foundation Development and Climate Alliance and Federal Ministry for Economic Cooperation and Development from Germany)

- Everland: The science behind the Guardian piece is fatally flawed ("fundamental methodological weaknesses; significant uncertainties; misrepresented and non-peer-reviewed scientific references")


Tomorrow (ceteris paribus) we will talk about the Integrity Council for the VCM (ICVCM), whose panel composed by leading subject matter experts is concluding a broader framework intended to help build some trust in the market by testing the verification processes used by carbon-credit registries such as Verra and Gold Standard.



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 CARBON CREDIT MARKETS

“Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.”

“I am among those who think that science has great beauty”

Madame Marie Curie (1867 - 1934) Chemist & physicist. French, born Polish.

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