As governments and consumers increasingly want to know the carbon footprints of individual products, all actors in the global supply chain are under pressure to measure them, and accurately. But existing voluntary emissions reporting frameworks need to greatly improve the quality of their data and accounting processes, explain Nicole Labutong, Wenjuan Liu and Iris Wu at RMI. Blind spots can lead to meaninglessly inaccurate measurements. It’s far … [Read more...]
The Nordic Code: offsetting should be used to exceed, not meet, net-zero targets
Kenneth Möllersten and Lars Zetterberg at IVL Swedish Environmental Research Institute and Hanna-Mari Ahonen at Perspectives Climate Research explain the main issues around the draft “Nordic Code of Best Practice for Voluntary Compensation of GHG”, published for consultation in June, which synthesises the most ambitious best practices for the voluntary use of carbon credits, including for offsetting. Focussing on non-state actors, the Nordic Code … [Read more...]