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free 100 x1 turnoverExploring Uncertainty in the Voluntary Carbon Market (VCM) I： Synthesis of Latest Public Reports.
Summary: According to reports from The Guardian and Follow the Money, the voluntary carbon market (VCM) has recently experienced significant fluctuations. These reports focus on technical issues related to calculating carbon credits for carbon offset projects in the voluntary market. While the accuracy of these reports may not be certain, the attention and scrutiny from the public are likely to have a considerable impact on the future of VCM.REDD+ is an initiative established under the United Nations Framework Convention on Climate Change (UNFCCC) to guide activities aimed at reducing emissions from deforestation and forest degradation in the forestry sector. The main objective of REDD+ is to protect forest areas from deforestation threats and play a crucial role in the fight against climate change. However, ensuring the protection of these forest areas requires substantial financial investments to cover opportunity costs from other activities such as agriculture or livestock.One solution to address this issue is through the carbon market. This market allows large companies like Shell or Microsoft to offset emissions they cannot directly reduce by purchasing carbon credits generated from project activities. free 100 x1 turnover Thanks to this mechanism, forest areas can continue to be protected and supported in reducing greenhouse gas emissions, while helping businesses achieve their carbon reduction goals.However, for the carbon market to be effective and transparent, close monitoring and stringent controls are necessary to ensure reliability and fairness in assessing and recording carbon credits generated from REDD+ activities. This requires cooperation and commitment from stakeholders to build a reliable and sustainable carbon market, while supporting efforts to mitigate the impacts of climate change on the environment and society.The Paris Agreement has recognized the significance of forest conservation in achieving net-zero emissions. However, the reality shows that we have lost over 100 million hectares of forest, resulting in 170 billion tons of greenhouse gas emissions. Currently, the carbon market (VCM) has supported 84 REDD+ projects with around 2 billion USD from the……
