ICROA and the Voluntary Markets Working Group
ICROA is a business alliance of carbon reduction and offset providers giving leadership and a unified voice advocating for rigorous industry standards in carbon management. ICROA members support a reduce-and-offset approach to carbon management, and they all comply with and publically report against the ICROA Code of Best Practice which outlines international best practices in carbon management and offsetting.
In addition to the existing compliance carbon markets, a voluntary carbon market has emerged, which includes sectors and geographies not covered by mandatory cap-and-trade schemes or other regulation of greenhouse gas (GHG) emissions. ICROA works to provide a credible, influential and uniform voice on carbon reduction strategies, products and services; encourages the use of real, verified, permanent, additional and unique carbon offsets as part of an overall reduce-and-offset carbon management strategy; and to establish best practices in the voluntary carbon market.
Government, business and individuals choose to engage in the voluntary carbon market for a number of reasons including:
- To prepare for impending carbon regulation or future carbon costs;
- To support investment into projects which will reduce GHG emissions;
- To gain strategic experience before developing carbon related products and services; and
- To demonstrate corporate social responsibility. Voluntary market projects often have additional sustainability benefits.
Contact: Sophy Greenhalgh, ICROA Programme Manager
email@example.com, +44 (0) 7967 428 247
For further information on ICROA please visit www.icroa.org.