Carbon credits: the big (and silent) topic at COP31

Summary written by AI from expansion.com, not reviewed by a person. Original linked.

Carbon credits: the big (and silent) topic at COP31

COP31 will validate the Paris Agreement’s Accreditation Mechanism, establishing a global standard for carbon credits under UN oversight. This advancement aims to ensure environmental integrity through stringent additionality and national consent requirements, prioritizing legitimacy over the sheer volume of credits. Current voluntary markets are adjusting their rules to align with this new framework, fearing a loss of credibility if they fail to adopt comparable controls. This adaptation responds to the urgent need to restore trust in carbon certificates amid public skepticism and competition from a more robust international system. The relevance to greenwashing is crucial, as this mechanism provides a regulatory filter that distinguishes verifiable climate actions from empty declarations. By imposing transparency and international oversight, it reduces the risk of companies using questionable credits to enhance their image without real impact, thereby enforcing stricter accountability in corporate environmental communications.

Source: expansion.com
Published on 2026-11-11