The future of Voluntary Carbon Markets (VCM) remains uncertain
as environmental quality concerns, trust issues and market
fragmentation prevents the emergence of a sizeable and liquid
market. VCM growth will depend largely on better market
organisation and oversight, and on strengthening environmental
integrity. This policy brief diagnoses problems and outlines the
EU’s actions that could contribute constructively to the further
development of VCM and attainment of the goals of the Paris
Agreement.Funded by the European Union. Views and opinions expressed are however those
of the author(s) only and do not necessarily reflect those of the European Union or
the European Education and Culture Executive Agency (EACEA). Neither the European
Union nor EACEA can be held responsible for them
