Krista deBoer and Shai Kalansky were quoted in the Pensions & Investments article, “White House push to rein in ‘Wild West’ voluntary carbon markets could bolster investor confidence.” The article explores how a new Biden administration initiative could bolster transparency and make voluntary credit markets more attractive to investors.
Krista notes that ““Voluntary carbon markets have really been the Wild West to this point because they’re unregulated.”
The Biden administration statement listed seven principles for responsible participation. Shai commented, “These are good principles, they’re good guides, but absent implementing legislation or a demand in the market, they’re just guides right now. If market participants start to require it based on this framework, that could expedite and improve the quality of carbon credits.”
Read the full article.
