Closing remarks

Environmental Integrity is a key element for the development and growth of the Voluntary Carbon Markets as it ensures the credibility of climate action.
Currently, the Voluntary Carbon Market (VCM) includes several standard setting bodies with overlapping and sometimes competing approaches. This fragmentation has limited the growth of the market.
The Integrity Council for the Voluntary Carbon Market is developing core carbon principles and an assessment framework and procedures to unite the different market players under common ground.
The Voluntary Carbon Markets Integrity Initiative is working in the development of a Claims Code of Practice to bring clarity and transparency in the communication of climate action.