Recommendations for the Digital Voluntary and Regulated Carbon Markets

The document argues that current carbon markets are fragmented and lack transparency, but can be improved through the integration of innovative technological and social infrastructure. It specifically highlights the role of distributed ledger technology (DLT) in creating a digitally native carbon market where credits are unique data entities, enabling the verification of provenance and permanent retirement without centralized intermediaries.

• Current carbon markets are characterized by fragmentation and a lack of quality, transparency, accessibility, and equitability, which has led to significant criticism despite interest from corporations.
• The development of next-generation digital carbon markets requires a combination of social infrastructure and innovative technology, with distributed ledger technology (DLT) serving as a key tool for creating a digitally native environment.
• Distributed ledger technology (DLT) enables carbon credits to function as unique digital entities, allowing for the tracking of secondary exchanges, verification of provenance, and permanent retirement without relying on centralized intermediaries.

APA

World Economic Forum (2023). Recommendations for the Digital Voluntary and Regulated Carbon Markets. https://www.weforum.org/publications/recommendations-for-the-digital-voluntary-and-regulated-carbon-markets/

Chicago

World Economic Forum. Recommendations for the Digital Voluntary and Regulated Carbon Markets. 2023. https://www.weforum.org/publications/recommendations-for-the-digital-voluntary-and-regulated-carbon-markets/.

Wikipedia

{{cite report |author=World Economic Forum |title=Recommendations for the Digital Voluntary and Regulated Carbon Markets |date=9 March 2023 |url=https://www.weforum.org/publications/recommendations-for-the-digital-voluntary-and-regulated-carbon-markets/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2023recommendations, author = {{World Economic Forum}}, title = {{Recommendations for the Digital Voluntary and Regulated Carbon Markets}}, institution = {World Economic Forum}, year = {2023}, month = mar, url = {https://www.weforum.org/publications/recommendations-for-the-digital-voluntary-and-regulated-carbon-markets/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }