Future Standards

Bringing together Fair Trade and Carbon Trading, ClimatePath has improved the arena of carbon trading by setting an ethical standard to all trades. Working within  countries such as Mexico, South Africa, and Turkey, the company is trying to ensure the credibility gap currently present within the carbon market is cleared away. This is done by providing project profiles filling customers in with the information they would need to feel more confident in the ethical aspects of their trades.

“Profiles are provided of the offsets, which are verified through a third party, such as the Gold Standard, Green-e, Plan Vivo and Voluntary Carbon Standard. Rochlin hopes that certification, coupled with the profiles, will offer a level of transparency that ease concerns of potential buyers.

“There is a credibility gap,” he said. “People don’t see where the money is going and they don’t see offsets as effective.””

http://www.climatebiz.com/news/2009/03/03/fair-trade-principles-meet-carbon-offsets