Voluntary carbon markets (VCMs) offer an important market mechanism for firms to efficiently abate their emissions. By utilizing the VCM, they can buy verified carbon credits (VCCs) from carbon projects that have a lower marginal cost of abatement. One of the main obstacles in delivering the lowest cost abatement through VCCs and liquid transparent VCMs is the perceived risk of greenwashing and its associated reputational and regulatory risks. This paper will: (1) provide an overview of VCCs; (2) explain greenwashing; (3) describe the origin, causes and risks of nature- and technology-based VCC methodologies; (4) discuss the effects of greenwashing on carbon markets; (5) highlight market reforms to minimize the risk of greenwashing; and (6) provide recommendations.
Linklaters. "Navigating the Risks of Greenwashing in the Voluntary Carbon Market". ISDA. Accessed May 08, 2024. https://www.isda.org/...
Posted on 08/05/24
Recent Abstracts
Sustainability in the Hospitality Industry: A Social Factor Dimension
This paper empirically studies the impact of social factors on the sustainability of the hospitality industry in Qatar. Besides the social factors that influence the sustainability of any business, it shows that the most relevant factors for the sustainability of the local hospitality industry are education, life expe ...
Posted on 24/03/21
Innovative mechanism for local tourism system management: a case study
This paper studies an innovative mechanism for managing local tourism and recreation systems and offers recommendations on their development. It examines issues on local tourism system management in the Volga Federal District, Russia. It shows that the relevance of local system development is largely dictated by the lo ...
Posted on 24/03/21
OECD Tourism Papers
OECD Tourism papers address issues such as trends and policies, innovation, sustainability, skills and statistics. This series is designed to make available to a wider readership selected studies drawing on the work of the OECD Tourism Committee (www.oecd.org/cfe/tourism). It complements OECD tourism publications and ...
Posted on 24/03/21
EMEA Real Estate Market Outlook 2020
The report takes a comprehensive look at the prospects for the EMEA real estate market in 2020. It provides a cautious economic and political outlook in the region amidst weakening global trading conditions, the capital markets in light of the accommodative policies of central banks that reinforce expectation of conti ...
Posted on 24/03/21

