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