Understanding regulation in the voluntary carbon market

A voluntary carbon market is a market where carbon credits can be bought and sold to offset emissions. This blog focuses on the various legal systems it governs, including established standards, project creators, certification bodies, sellers and buyers, as well as technical developments such as AI and blockchain. We will emphasize the importance of an organized and clear regulatory environment to promote trust and informed decision-making. The industry allows people, companies and other entities to voluntarily purchase carbon offsets or credits to offset their greenhouse gas emissions. Unlike compliance markets, which are mandated by international agreements or government regulations, participation in VCMI it is voluntary. This proactive step helps reduce the carbon footprint and supports initiatives to combat climate change, promote sustainable energy, reforestation and carbon reduction programs towards global climate goals. (FloCard, www.linkedin.com)