A group of economists and other experts from the Environmental Defense Fund (EDF) and Wildlife Conservation Society (WCS) released a joint guide called “A Ministry Playbook for Corresponding Adjustments – Pricing strategies in carbon markets” outlining an initial set of key considerations to give confidence to national governments when evaluating complex tradeoffs between selling carbon credits in the Voluntary Carbon Market (VCM) or authorizing Corresponding Adjustments (CA) credits in compliance mechanisms.

The guide aims to help countries with pricing strategies to maximize financial resources from the sale of carbon credits to reach their own economic development and climate goals while upholding the integrity of the Paris Agreement. 

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Authors 

  • David McLaughlin – Senior Economist, EDF
  • Dylan McCall-Landry – Senior Director of Sustainable Finance, EDF
  • Sarah Walker – Director of Natural Climate Solutions, WCS
  • Stephanie Wang – Associate Director of Climate Finance Policy, WCS

Staff perspective

Our goal is to provide forest nations a roadmap for navigating complex decisions for pricing and types of credits -- and ultimately to help unlock finance where it is needed to reach our climate goals.

Dr. David McLaughlin

Senior Economist at EDF, co-author

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Judit Langh

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