Editor’s choice
Editor’s choice
This guide details the basics of carbon market crediting systems, giving a user-friendly primer for policymakers at local, regional and national levels considering whether and how to establish carbon crediting mechanisms in their jurisdictions.
Photo: Made From The Sky / Unsplash.
Carbon crediting provides a framework to recognize activities that either reduce greenhouse gas emissions or increase carbon dioxide removals.
This guide provides an in-depth introduction to designing domestic carbon crediting mechanisms. It provides insights into the decision points for designing a crediting mechanism and explains how to tailor the mechanism to achieve domestic policy objectives.
Here we identify policy design options and, where possible, provide recommendations, drawing on existing examples of practices, with a particular emphasis on domestic systems.
Where policymakers have several viable options for a key design feature, the guide highlights the trade-offs policymakers need to consider.
Types of development benefits of carbon crediting projects. Graphic: World Bank.
Perspective / The point of companies setting net-zero targets is not for each company to achieve net zero, but to contribute what it can to global net zero.
Other publication / This study discusses the importance of proportional attribution of funding sources when mixing climate finance and carbon markets in emissions mitigation.
Perspective / In this piece for Reuters Breaking Views, SEI's Derik Broekhoff explains how to avoid a "train wreck" amid a surge in voluntary demand for carbon credits.
