IETA responds to The Guardian's claims that carbon offsets are 'worthless'

The International Emissions Trading Association (IETA) has responded to a Jan 18 article by British daily The Guardian, which alleged that “more than 90%” of rainforest carbon offsets by Verra, the world’s biggest certifier, are “worthless”.

“The Guardian article… raises concerns with the methodologies used to calculate carbon dioxide reductions from a number of projects set up to cut emissions by avoiding deforestation and forest degradation (projects typically referred to as REDD+),” reads IETA’s statement, released on Feb 1.