The Core Carbon Principles are expected to boost confidence, overcome market fragmentation, and eventually help the VCM rebound.
The updates include the 10 Core Carbon Principles, Program-level Assessment Framework, Assessment Procedures, and the Core Carbon Principles’ Attributes.
So far, market participants seem to have a mixed response toward the CCP.
We see this as a work in progress leading to essential steps towards a transparent, regulated-like market, allowing market participants to rely on the market without fearing reputational risk.
Core Carbon Principles: A Break or Make Moment for the VCM
post
11. April, 2023
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