A brief history of the voluntary carbon market
1997: creation of regulated markets as part of the Kyoto Protocol, such as the Clean Development Mechanism (article 12) & Joint Implementation (article 6) – formalization of an institutional framework
2005: development of voluntary carbon standards : the transposed Clean Development Mechanism operating model to sell carbon credits to companies not subject to GHG emission quotas.
Main purposes:
-Financing forest conservation projects REDD+ 2008
-Financing development projects in developing countries
-Development of carbon credit sales combined with sustainable development consulting
