The Untapped Potential of Great Green Wall Voluntary Carbon Market Projects 2024

Page 21 of 31 · WEF_The_Untapped_Potential_of_Great_Green_Wall_Voluntary_Carbon_Market_Projects_2024.pdf

3Recommendations to consolidate progress and harness the potential of the VCM Priorities include stronger regulation, building on past efforts, partnerships to de-risk investment, community-centred approaches and greater transparency. Recommendation 1 Strengthen the regulatory framework for voluntary carbon markets in the Sahel There remain regulatory gaps at national policy levels and this uncertainty can challenge market expansion. To develop a fully robust policy framework, governments, the UN and international institutions such as the World Bank, the International Monetary Fund and others must provide support to create an enabling environment for carbon markets. Clear and consistent regulations are essential for attracting investors, ensuring transparency and maintaining credibility within the market. Image credit: Tree Aid The Untapped Potential of Great Green Wall Voluntary Carbon Market Projects 21
Ask AI what this page says about a topic: