3min chapter

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Demystifying the Carbon Markets Episode 14 | Sonja Gibbs, Managing Director + Head of Sustainable Finance, IIF and Governing Board Member, ICVCM

SmarterMarkets™

CHAPTER

The Core Carbon Principles and the Assessment Framework

I wanted to come back because I think the word threshold is very important, you know. There's a wide range of different carbon emissions reduction and removal projects that will be needed if we're going to limit climate change. And this can't be a one size fits all market. But when you think about commodities markets, let's put it, for example, wheat comes in different sizes, shapes, and forms. All of that is priced around this benchmark. Right? Depending on where they originate geographically, depending on the type of project,. You know, avoidance, removals, all these different factors go into the pricing of a carbon credit.

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