Carbon market corruption risks and mitigation strategies

Filed under - Climate governance

Published on 24 September 2015 as a U4 Helpdesk answer
What kind of corruption risks does the carbon market pose? What strategies can be used to mitigate these risks?

Purpose

To provide an overview of the corruption risks in the carbon market and assess some of the strategies in place to mitigate these risks.

Content

  1. The carbon market and how it works
  2. Environmental integrity in the carbon market
  3. Financial integrity in the carbon market
  4. Conclusion
  5. References
  6. Further reading

Summary

As a new market with a developing architecture, the carbon market has proven susceptible to corruption and other integrity risks. These risks are significant, because any attempt to undermine the carbon market jeopardises one of the major elements of our global response to climate change.

This paper examines these risks and the carbon market’s vulnerability in terms of both its environmental and financial integrity.

It concludes each section with an overview of some of the mitigation strategies in place to reduce corruption and ensure that the carbon market functions to fulfil its ultimate aim: to reduce greenhouse gas emissions.

Author(s): Rebecca Dobson, Independent researcher, tihelpdesk@transparency.org
Reviewed by: Marie Chene, Transparency International, tihelpdesk@transparency.org; Lisa Elges, Ph.D., Transparency International, tihelpdesk@transparency.org; Dieter Zinnbauer, Ph.D., Transparency International, tihelpdesk@transparency.org
Publication date: 24 September 2015
Number: 0

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Country / Territory - International   
Region - Global   
Language(s) - English   
Topic - Climate governance   
Tags - carbon market   

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