Materiality

CDM Watch supports the existence of materiality standards to avoid excessive auditing costs and protect small, truly additional projects. However, it contends that the thresholds established at COP17 in December 2011 are too lenient and risk compromising environmental integrity. These thresholds range from 0.5% for projects exceeding 500,000 offsets per year to 10% for micro-scale project activities.

• Materiality standards are necessary to prevent projects from spending excessive funds on auditors for insignificant errors and to support small, truly additional projects that cannot afford extreme stringency.
• The materiality thresholds approved at COP17 in December 2011 are considered too lenient and need to be more stringent to maintain the environmental integrity of offsets.
• The specific materiality thresholds approved at COP17 are based on percentages of a project's emission reductions or removals: 0.5% for projects with over 500,000 offsets per year, 1% for those with 300,000 to 500,000, 2% for large-scale projects up to 300,000, 5% for small-scale, and 10% for micro-scale activities.

APA

CMW (2012). Materiality. Carbon Market Watch. https://carbonmarketwatch.org/2012/05/30/materiality/

Chicago

CMW. Materiality. Carbon Market Watch, 2012. https://carbonmarketwatch.org/2012/05/30/materiality/.

Wikipedia

{{cite press release |last1=CMW |title=Materiality |publisher=Carbon Market Watch |date=30 May 2012 |url=https://carbonmarketwatch.org/2012/05/30/materiality/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{cmw2012materiality, author = {CMW}, title = {{Materiality}}, publisher = {Carbon Market Watch}, year = {2012}, month = may, url = {https://carbonmarketwatch.org/2012/05/30/materiality/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }