TY  - JOUR
A1  - Streck, Charlotte
T1  - How voluntary carbon markets can drive climate ambition
JF  - Journal of energy & natural resources law : the journal of the Section on Energy and Natural Resources Law of the International Bar Association
N2  - Over the last three years, corporate interest in voluntary carbon markets has almost tripled, and this trend has seemed to resist the COVID-19 economic fallout. If managed well, this market has the potential to become a very significant driver of mitigation action, in particular in developing countries, which supply the majority of voluntary carbon offsets. Robust standards and rules can overcome concerns that voluntary carbon markets could lead to company greenwashing and undermine the goals of the Paris Agreement. On the contrary, voluntary corporate investments can encourage more ambitious government climate action, and encourage governments to make more ambitious pledges under the Paris Agreement. Multisectoral mitigation partnerships can ensure the complementarity of public and private action and support policy alignment and investments in priority sectors and regions.
KW  - Climate Policy
KW  - Paris Agreement
KW  - Corporate Climate Action
KW  - Carbon
KW  - Markets
KW  - public-private partnerships
Y1  - 2021
U6  - https://doi.org/10.1080/02646811.2021.1881275
SN  - 0264-6811
SN  - 2376-4538
VL  - 39
IS  - 3
SP  - 367
EP  - 374
PB  - Routledge, Taylor & Francis Group
CY  - Abingdon
ER  -