Energy Transitions Podcast: Demystifying the voluntary carbon market
Pamela Largue
Posted on: 1 August 2023
Luke Leslie, CEO at Carbon Neutral Royalty, cuts through the complexities of the VCM and explains how to tap into the benefits this market has to offer.
The voluntary carbon market (VCM) is designed to encourage emissions reductions and support sustainable development.
Although a nascent market, it is gaining traction amongst corporations and governments alike as pressure mounts to reach decarbonisation goals.
However, some argue that the voluntary carbon market lacks standardisation, regulation and credibility, allows organisations to continue emitting greenhouse gasses rather than reducing emissions, and facilitates double counting.
In this episode of the Energy Transitions Podcast, Pamela Largue spoke to Luke Leslie, CEO at carbon project financier Carbon Neutral Royalty, to cut through the complexities of the voluntary carbon market and understand how to tap into the benefits this market has to offer.
"You are seeing a consolidation of issuers and a consolidation of methodologies and I think it's moving from...the wild west to a much more formalised and sophisticated market."
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Previous episodes:
The value of circular asset management
The cost of Europe’s copper crunch
Sustainable business models for a new energy economy
More about decarbonisation:
Why it’s time to fast-track carbon capture to future-proof power plants
Decarbonising industry – the good, bad and ugly
Bulgaria’s forward-looking policies create plenty of low-carbon investment opportunities
