On September 28, ICROA Programme Director Simon Henry participated in a panel session discussing the role the voluntary carbon market can play in bridging the ambition gap in the Paris Agreement, at the 2017 Carbon Forward Conference in London. In his presentation he discussed the latest trends in the voluntary carbon market, drawing on the results of our recent report on the drivers and benefits of offsetting.
He also presented an update on ICROA’s work to develop guidance on pathways to increased voluntary action by non-state actors. This report sets out ICROA’s views on how the market can grow after 2020, and how voluntary action can contribute to delivering the objectives of the Paris Agreement. The guidance describes three potential models for the future framework of the voluntary carbon market, accommodating the variability in NDCs and the provisions set out in the Paris Agreement. The presentation from his panel session is available here.