This updated edition of Voluntary Carbon Markets draws together all of the key information on international voluntary carbon markets with commentary from leading practitioners and business people. Voluntary Carbon Markets covers all aspects of voluntary carbon markets around the world: what they are, how they work and, most critically, their business potential to help slow climate change.
Foreword by Al Gore
1. The Big Picture
2. Understanding Supply and Demand in theVoluntary Carbon Markets
3. RECs vs Offsets:The Debate Continues
4. TheVoluntary Carbon Markets:What the ExpertsThink
5. A Glance into the Future of theVoluntary Carbon Markets
Ricardo Bayon is co-founder of EKO Asset Management Partners. Amanda Hawn is Manager of Advisory services at New Forests. Katherine Hamilton is the Managing Director of Ecosystem Marketplace
"This handbook is a useful and practical contribution to helping address the shortcomings of the voluntary markets."
- Nature Reports Climate Change
"This book is a brief roller-coaster ride through the system [...] Overall, a very good introduction to what promises to be a growth area."
- Ecological and Environmental Education
"[O]ffers a comprehensive introduction to this fast-growing sector, explaining the principles behind the mechanism and the opportunities it presents [...] Can voluntary carbon trading really reduce greenhouse gas emissions, or is it just a salve for corporate consciences and an elaborate public relations exercise? The book does not offer a single answer, but puts forward an array of opinions from leading environmental and business experts."
"An essential guide for anyone hoping to learn more about voluntary carbon markets and how they can be of benefit both to our planet and to their organisation."
- The Environmentalist
"A realistic snapshot of the divergent views of a wide variety of stakeholders involved in the exploding and controversial carbon offset market."
- Organization and Environment
"Gives the first comprehensive overview of the market, outlining and explaining its key ideas and mechanisms [...] A succinct style, good structure and a wealth of up-to-date information make it an invaluable resource for project developers and investors in Africa and beyond."
- Patrick Whyte, Africa Investor
"[T]he most significant contributions of the book are the comments about voluntary carbon market made by different professionals, including economists, conservationists, project developers, policy makers, retailers, consultants, investors and banks [...] Readers interested in carbon markets operations will certainly enjoy the book and libraries will find this book a useful addition."
- Social and Environmental Accounting Journal
"This book is an essential source of knowledge, information and ideas. Not only is it comprehensive, covering – for the first time anywhere – everything from renewable energy to the relationship between the voluntary carbon markets and the regulated carbon markets, but it is also thought provoking and visionary: taking a cold hard look at where the industry is likely to go."
- Mark Kenber, Policy Director at The Climate Group.
"Politicians should have a copy close by"
- Crosslands Bulletin
"There is serious concern expressed by many about the whole idea of 'carbon offset'. For anyone considering buying some, either individually or as a company, this book can offer a great deal of food for thought. it is a subject which deserves serious exploration, and this sis given by the book."
- Brian Leslie, Sustainable Economics Magazine
"For anyone condiering buying [carbon offsets], either individually or as a company, this book can offer a great deal of food for thought. It is a subject which deserves serious exploration, which is given by this book"
- Sustainable Economics
"This tightly written little book seeks to explain, in relatively simple terms, what carbon markets are and how they function [...] [it] tackles key issues and explanations in bite-size chunks which help with digestion and comprehension."
- Eagle Bulletin
"A must-read guide [...] well worth the investment"
- Journal of Industrial Ecology
"Readers interested in carbon markets operations will certainly enjoy the book and libraries will find this book a useful addition."
- TdeA, Social and Environmental Accounting Journal, April 2007
"'The content would benefit any business economist who has not yet begun to think seriously about how his or her business will fare in a carbon-constrained world."
- David Grover, The Business Economist Vol. 40
"A very useful book for postgraduate students [...] and an interesting book for business students"
- Hing Kai Chan, International Journal of Sustainable Engineering, March 2010
"Overall, Bayon et al. provide a very valuable contribution which is a 'must read' for anyone considering getting involved in voluntary carbon offset transactions or in analysing carbon markets"
- Axel Michaelowa, Climate Policy