Sascha Lafeld is confirmed as a member of the TSVCM working group on credit level integrity

Sascha Lafeld is confirmed as a member of the TSVCM working group on credit level integrity

April 21, 2021

From April onwards, ClimatePartner´s Head of Carbon Offset & Green Energy Services Dr. Sascha Lafeld will be a member of the Taskforce on Scaling Voluntary Carbon Markets (TSVCM), working group on credit level integrity. The Taskforce aims to further develop the voluntary carbon market, thus contributing to achieving the climate targets agreed in the Paris Climate Summit. In January this year, the Taskforce published its final report, outlining the foundations for future voluntary carbon markets and creating guidelines for companies and markets

The Taskforce and consultation group members consist of about 200 subject matter experts across the carbon market value chain, including academics, investors, NGOs and foundations, industry and international organisations, suppliers, buyers and intermediaries.

Within that setup, the Credit-Level Integrity Working Group´s main goals are to ensure a high environmental integrity of credits and to enable standardization and trading. In this context, a standard set of exclusion rules and guardrails for credit methodologies have to be defined to guarantee that credits traded in Voluntary Carbon Markets uphold environmental integrity standards. For the trading of high-integrity credits standard contracts should be set up to increase quality, liquidity and bid-ask spreads. Also, a standard taxonomy of additional attributes has to be defined that will allow for choice in the most critical attributes of a carbon credit

Sascha Lafeld will bring to the working group his and ClimatePartner´s international expertise and market position. He adds: “I will be very happy to contribute my and ClimatePartner´s expertise to the working group. It will be vital for the further development of the carbon market to find a good combination of both the requirements for market integrity for the scaling of the market and also the existing market infrastructure with standards and registries.”

More information at:

https://www.climatepartner.com/en/news/tsvcm-final-report

https://www.iif.com/tsvcm