Exploring the Market for `Development Carbon' through the voluntary and retail sectors

Document begins: Exploring the Market for `Development Carbon' through the voluntary and retail sectors Nadaa Taiyab August 1, 2005 International Institute for Environment and Development (IIED) 3, Endsleigh Street London WC1H 0DD tel (+44) 20 7388 2117 fax (+44) 20 7388 2826 email: [email protected] email authour: [email protected] TABLE OF CONTENTS DRAFT Error! Bookmark not defined. 1. INTRODUCTION 3 2. OVERVIEW OF THE CARBON MARKET 4 2.1. What are carbon offsets? 4 2.2. How do you trade carbon? 6 2.3. Why trade carbon? 6 2.5. Existing Carbon Markets 7 3. THE VOLUNTARY AND RETAIL MARKETS 9 3.1. Description 9 3.2. Market Size 9 3.3. Sustainable Development 10 3.4. Project Standards and Verification 10 3.4.1. CDM / JI Standards 11 3.4.2. Gold Standard 12 3.4.3. Climate, Community, and Biodiversity Standards (CCBS) 12 3.4.4. Self Developed Standards 13 3.4.5. Labelling Schemes 13 3.5. Some Pros and Cons of Land-Based Sinks 13 4. BUYERS AND SELLERS IN THE RETAIL MARKET 15 4.1. Retailers 15 4.2. Brokers 16 4.3. Buyers 17 4.3.1. Business 17 4.3.2. Non-Profit Organizations 19 4.3.3. Government 19 4.3.4. International Conferences and Events 20 4.3.5. Individuals and Celebrities 21 4.4. Buyer Concerns and Considerations 21 4.5. What is driving the market? 22 ...