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  • ICROA releases workshop report on the future of the voluntary carbon market

ICROA releases workshop report on the future of the voluntary carbon market

20 Jun 2017 15:12 | Anonymous member (Administrator)

On 22 May 2017 ICROA organized a workshop on ‘Scaling voluntary action within the framework of the Paris Agreement’, involving voluntary market stakeholders and national governments. The participants took part in roundtable discussions based on the 'World Café' format and shared their opinion on key questions regarding the future of voluntary action.

We have a produced a short report which summarises the conversations held at each of the workshop roundtables, which focused on the following five themes:

  1. The concept of offsetting
  2. Nationally Determined Contributions (NDCs)
  3. Article 6 of the Paris Agreement
  4. Demand side of the voluntary market
  5. Governance and infrastructure

This workshop was the first of a bi-annual series of workshops designed to build a broad coalition of stakeholders to address the forthcoming market challenges, and to help secure a role for voluntary action in a post-Paris world.

ICROA will build on this first workshop by developing guidance on pathways to increased voluntary action by non-state actors. This will set out our views on how the market can grow after 2020, and how it can help contribute to delivering the objectives of the Paris Agreement. To refine this guidance, ICROA will be seeking targeted consultation over the course of summer 2017.

The second workshop of the series will be held in Bonn at COP 23 in November 2017 where we will look to build on the outcomes from Barcelona and focus the discussion on pathways to increased voluntary action by non-state actors. Our longer-term ambition is to develop guidance that is widely supported and actioned by Parties and the private sector.

     

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