Offsets under scrutiny

Negotiators at international climate forums are revisiting rules governing carbon markets, seeking to restore confidence after years of criticism. Supporters argue that well-regulated markets can channel investment into emissions reduction projects, especially in developing economies. Critics counter that weak oversight risks double counting and greenwashing. Recent proposals focus on stricter verification and clearer accounting to ensure real climate benefits.

Energy companies and airlines are closely watching the talks, as offsets remain part of their transition strategies. Environmental groups caution that markets should complement, not replace, direct emissions cuts. Economists say clearer rules could unlock financing, but only if credibility concerns are addressed.

Path forward

Several countries are pushing pilot programs with enhanced transparency. Observers expect incremental progress rather than sweeping reform. Still, even modest agreement could influence climate finance flows in 2026.