Special Report

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Special Report: Carbon Offsets 2010

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International Carbon Reduction and Offset Alliance (ICROA): has agreed a new position on performance based additionality, ensuring transparency in the performance benchmark setting process. The 2009 Code of Best Practice included revised rules on the Reductions Sold in Advance of Verification (RSIV) mechanism and sanctions and appeals.

Colombia is developing an offset exchange for voluntary emission reductions, in partnership with the Global Environment Facility (GEF), Fundación Natura and Inter American Development Bank.

In March 2010, The African Carbon Asset Development (ACAD) facility was established by UNEP and Standard Bank to support Africa carbon projects.

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