🛞Are governments around the world reinventing the wheel? 🛞

🏛️ Carbon removal is increasingly shifting from voluntary to government-regulated markets. In the process, concepts such as durability, additionality, liability, etc. have to be defined.

😵‍💫 In practice, what seems to be happening - and which I have written a lot about previously - is that we end up with a plethora of different approaches, increasing vs reducing complexity.

🔒 Take durability. Definitions vary from decades, to centuries, to millennia, to none at all.

🔁 My belief, however, is that we need to create a fungible market for CDR. A market where one ton of CDR becomes interchangeable with another ton of CDR, no matter where or how it was produced.

🤔 So how do we get there? Luckily, we have gathered almost two decades of experience on most relevant issues on the voluntary carbon market (hashtag#VCM). It provides answers to many issues and principles/standards that could help us harmonise our approach.

🤩 Few have played a more important role in shaping these VCM guidelines than Alexia Kelly. So no better guest to join a CDR Policy Scoop discussion on the topic with Eve Tamme and I than her.

🗓️ Make sure to tune in on Monday, 23rd of June at 10 AM PT | 1 PM EST | 6 PM CEST: https://lnkd.in/gu3mSmNJ

👇 What is your take: should governments replicate or innovate? Should the VCM shape or be shaped by governments? Leave your comments below and we will integrate them into our session.

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