When corporates buy offsets, they buy reputational – and even legal – risk. This maxim is an increasingly pressing issue in the VCM with buyers withdrawing from offsets purchase agreements and declining to further their investments in carbon reduction projects. Many, in response, call for increased regulations. However, the regulatory landscape is fragmented, and while some jurisdictions are taking steps to regulate offsets use, the requirements are hard to navigate. Simultaneously, voluntary standards are attempting to bridge this regulatory gap and guide corporates on offsets use. In this webinar, we are analysing available guidance on offsets use and assess how they might impact buyer behaviour in the VCM.
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