The Advisory Board of the Taskforce for Scaling Voluntary Carbon Markets is pleased to announce its final recommendation for the composition of the new, independent governance body for the voluntary carbon markets (VCMs).

Below are the names of all organizations and individuals who are now part of the new governance body:

×Close

A detailed overview can be found here. Additionally, the full list of individuals who expressed interest in joining the Expert Panel can be found here.

The Taskforce on Scaling Voluntary Carbon Markets is a private sector-led initiative working to scale an effective and efficient voluntary carbon market to help meet the goals of the Paris Agreement. 

The Taskforce was initiated by Mark Carney, UN Special Envoy for Climate Action and Finance; is chaired by Bill Winters, Group Chief Executive, Standard Chartered; and is sponsored by the Institute of International Finance (IIF) under the leadership of IIF President and CEO, Tim Adams. Annette Nazareth, senior counsel at Davis Polk and former Commissioner of the US Securities and Exchange Commission, serves as the Operating Lead for the Taskforce. McKinsey & Company provides knowledge and advisory support. 

The TSVCM’s over 250 member institutions, represent buyers and sellers of carbon credits, standard setters, the financial sector, market infrastructure providers, civil society, international organizations and academics. An advisory board of 20 environmental NGOs, investor alliances, academics and international organizations provide guidance on TSVCM recommendations. 
 
The Taskforce’s unique value proposition has been to bring all parts of the value chain to work intensively together and to provide recommended actions for the most pressing pain-points facing voluntary carbon markets.  

The TSVCM called for expressions of interest for 6 roles for the governance body, in the period of July 8th to August 9th. Detailed expression of interest forms for all organizations and member consultation group board representatives can be found here. Below you will find the names of all organizations and individuals who have expressed interest:

The Taskforce has published the final report of the Development and Implementation Phase (Phase 2) on July 8. The report is composed of three main documents. For a brief overview there is also a summary document available.

1. Signatories of the endorsement letter

Many leaders of organizations are endorsing the Taskforce and the work that has been published by signing the endorsement letter. We welcome further signatories – please do not hesitate to get in touch.

70+ signatories already support us

2. Support TSVCM

Many leaders of organizations are supporting the Taskforce and the work that has been published. We welcome further supporters – please do not hesitate to get in touch.

10+ supporters

Six eminent leaders published a statement on high ambition path to Net-Zero. You can publicly endorse the statement below:

• Lord Nicholas Stern (Chair of the Grantham Research Institute on Climate Change, LSE)
• Günther Thallinger (Chair, UN-convened Net Zero Asset Owner Alliance)
• Mark Carney (UN Special Envoy for Climate Action and Finance)
• Bill Winters (Group CEO, Standard Chartered)
• Annette Nazareth (Senior Counsel at Davis Polk and former Commissioner of the U.S. SEC)
• Tim Adams (President and CEO, Institute of International Finance)