Dear SAIFM Members,
The Board of the International Organization of Securities Commissions (IOSCO) recently initiated an important 90-day public consultation aimed at outlining a set of Good Practices to uphold the integrity and orderly functioning of the Voluntary Carbon Markets (VCMs). IOSCO encourages active engagement from stakeholders like yourselves to contribute insights and expertise by responding to the questions presented in the Consultation Report.
The launch of this Consultation Report at COP28 signifies the critical importance of VCMs in today’s landscape. These proposed Good Practices, building upon earlier considerations and feedback, reflect the principles and practices essential for well-functioning markets, drawing from IOSCO’s extensive knowledge and oversight of financial markets, including derivatives markets.
We encourage your active participation in this meaningful initiative as SAIFM members to contribute to the development of these Good Practices, safeguarding the integrity and reliability of VCMs.