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.
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.