Assessing Credibility in the Voluntary Carbon Market? Developing, testing, and evaluating a credibility assessment framework using the Integrity Council for the Voluntary Carbon Market as a case study
Voluntary carbon markets (VCM) have grown significantly over the past years. However, the VCM is facing a ‘credibility crisis’ due to governance, technical, and market issues. Notably, despite the significant role of credibility in the VCM, a lack of systematic assessment frameworks in this area is discerned. To address this knowledge gap, this thesis set out to build, test, and evaluate a framewo