Taskforce on Scaling Voluntary Carbon Markets

(asked on 8th February 2021) - View Source

Question

To ask the President of COP26, whether Mark Carney's Taskforce on Scaling Voluntary Carbon Markets falls within his role as Finance Advisor for COP26.


Answered by
Alok Sharma Portrait
Alok Sharma
COP26 President (Cabinet Office)
This question was answered on 24th February 2021

The Taskforce on Scaling Voluntary Carbon Markets (TSVCM) is a private sector-led initiative and is independent of UK Government efforts as the hosts of COP26.

As set out in his Terms of Reference, Mark Carney is focussed on creating a more sustainable financial system to support the path to net zero and embedding climate into every financial decision. His objectives are set out in his published ‘Priorities for private finance for COP26’. The work of the TSVCM in supporting companies to contribute to reaching the goals of the Paris Agreement is set out in the Taskforce’s final report, available at iif.com/tsvcm.

Neither the Finance Advisor for COP26, Mark Carney, nor the Taskforce on Scaling Voluntary Carbon Markets will play a role in the formation of Government policy in relation to COP26 negotiations on Article 6 of the Paris Agreement.

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