Media
New Carbon Data Standards Initiative to Aid and Scale Carbon Markets
Co-Chairs GCMU, Sylvera, RMI and S&P Global Commodity Insights invite experts to advance transparency in carbon markets and collaborate on Carbon Data Open Protocol
Lack of Standardization Fragments Market & Impedes Markets’ Potential as Driver of Climate Action
LONDON, NEW YORK, SINGAPORE (March 18, 2025) – A group of 30 leading businesses, nonprofits and public sector organizations have joined forces to help facilitate and scale carbon markets by launching an open, multi-stakeholder initiative to develop a protocol that harmonizes the definitions and rules that standardize data describing carbon crediting projects and carbon credits across markets, geographies and activity types.
Organizations leading voluntary carbon market reform to host inaugural VCM Day at Climate Week NYC to help deliver on the promise of high-integrity carbon markets
Today, the Integrity Council for the Voluntary Carbon Market (ICVCM), the Global Carbon Market Utility (GCMU), and the Voluntary Carbon Markets Integrity Initiative (VCMI) announced they will be co-hosting Accelerating Climate Action: Delivering High-Integrity Carbon Markets, an event on September 25 in New York during Climate Week focused on showcasing the reforms and actions necessary to increase the impact of voluntary carbon markets.
Global Carbon Market Utility Applauds New U.S. Voluntary Carbon Market Principles as Key Climate Strategy
The Global Carbon Market Utility (GCMU), a public utility designed to provide the necessary infrastructure for a trustworthy carbon market, today joined others to applaud the United States Government's release of new principles endorsing the voluntary carbon market (VCM) as a crucial mechanism for accelerating global decarbonization.