Industry and NGOs lobby against new UN carbon credit reversal risk rules

Carbon credit developers, corporate buyers, and several conservation NGOs are reportedly lobbying against proposed UN rules designed to mitigate reversal risk in carbon credit projects. Critics describe this as a 'coordinated lobbying campaign' to weaken integrity efforts within the voluntary carbon market. The proposed rules aim to prevent the climate benefit of carbon credits from being undone by events such as fire or logging, which release stored carbon back into the atmosphere. Opponents, including the UN Environment Programme (UNEP), argue that stronger protections could increase project costs and limit credit supply.

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