Climate targets, transition & carbon claims · Core

Voluntary carbon market

Also called: VCM

ELI5

A market for credits purchased outside mandatory compliance obligations.

Used in conversation

“Can we state who receives the right created by voluntary carbon market, and when it applies?”

Pitch context

You will see “Voluntary carbon market” in sustainability reports, impact decks, climate plans and assurance materials when the discussion reaches climate targets, transition & carbon claims.

Why it matters: In climate targets, transition & carbon claims, the reporting boundary, method, period and evidence can materially change the claim.

Caution

State the reporting boundary, method, period and evidence; standards, regulation and assurance requirements vary.

Sources & evidence · 3

Direct term-level sources and supporting source families.