The entry into force of the Paris Agreement represents a unique opportunity for voluntary action to take a leadership role, by helping to bridge the current ambition gap. However, there are several challenges for the voluntary carbon market. ICROA has undertaken a programme of work to address these challenges and in May 2017, we organised our first workshop with a broad range of market stakeholders to gather opinions.
We have built on this successful event by developing guidance on pathways to increased voluntary action by non-state actors. This 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. ICROA has recently conducted targeted consultation on this guidance with selected stakeholders, including the UNFCCC, Parties, independents standards and civil society. This document will serve as a basis for discussion in a second invitation-only roundtable event that ICROA is holding on Friday 10th November at COP23.
To register for this event, please click here.