Nate Truitt
American Forest Foundation
Executive Vice President of Climate Funding
The carbon credits update: The clock is ticking - how can we ensure integrity and credibility?
16:10
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17:00
New research from Oxford’s Smith School argues that after 25 years of experimentation, carbon offsets have largely failed to deliver real climate impact and that most should be phased out. Yet, as global demand for credits continues to grow, the market still plays a pivotal role in many net zero strategies.
Currently valued at $1.4 billion and projected to reach up to $35 billion by 2030 (MSCI Carbon Markets, 2024), the carbon market stands at a crossroads: can it evolve to ensure genuine integrity, transparency, and measurable emissions reductions?In this sequel to last year’s carbon credits debate, our expert panel will explore:
Currently valued at $1.4 billion and projected to reach up to $35 billion by 2030 (MSCI Carbon Markets, 2024), the carbon market stands at a crossroads: can it evolve to ensure genuine integrity, transparency, and measurable emissions reductions?In this sequel to last year’s carbon credits debate, our expert panel will explore:
- What the latest evidence tells us about the effectiveness and limits of carbon offsets
- How carbon markets must adapt to deliver real, verifiable impact
- The role of high-quality credits within broader corporate decarbonization strategies
- How attitudes are shifting as scrutiny intensifies and expectations rise
Candace Vinke
Verra
Chief Program Development and Innovation Officer
Joe Romm
Penn Center for Science, Sustainability and the Media
Lead Author, 'Are Carbon Offsets Fixable?'