Reclaim Finance and Amazon Watch responded to the consultation opened by the Task Force on scaling voluntary carbon markets (TSVCM).
We underline that carbon offsets, in general, can be a dangerous distraction from climate action and should never be considered to fulfill climate pledges. At best, when high quality is ensured, they should be considered as the environmental contributions that never replace the reduction of GHG emissions. We also identified several features of the TSVCM initiative that could amplify these dangers and derail climate mitigation efforts.