Principles of High Integrity Carbon Markets

Abstract

    High integrity carbon credit markets can play an important role in accelerating global decarbonization toward net-zero emissions. To achieve net-zero emissions by 2050 and keep a limit of 1.5°C temperature rise within reach, it is crucial to accelerate action by 2030, increase ambition and urgently implement current nationally determined contributions (NDCs) under the Paris Agreement and the collective long-term global aspirational goal adopted by the International Civil Aviation Organization (ICAO) Member States.