The WFE supports the development of solutions and systems to ensure that compliance and voluntary carbon markets work in tandem. This will allow investors, companies and governments to plan transition pathways, give carbon a price to steer investments and adjust business strategies respectively, and also to support reaching the overall climate goals. The carbon markets are currently evolving rapidly and there is a need to foster transparency in these markets. Given the early stages of the development of these markets, WFE members support legislators developing guardrails for these markets in the form of guidance and principles rather than firm rules at this time.
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