IETA calls on governments to offer 'safe harbour' for carbon credit users

The International Emissions Trading Association (IETA) has published a paper recommending that governments implement 'safe harbour' mechanisms to protect companies using carbon credits from greenwashing litigation. The paper, commissioned by The Coalition to Grow Carbon Markets, suggests approaches for a legal defence against allegations of false advertising or misrepresentation when corporates use high-integrity credits alongside decarbonisation efforts. IETA argues that current litigation risk suppresses demand for high-integrity credits and that safe harbour provisions could clarify permissible claims and eligible credit types. This initiative aims to increase corporate confidence and private investment in voluntary carbon markets by reducing legal uncertainty.

This summary was written by carbon.fyi from the reporting linked above. It is not a quotation; cite the original source.