A Tiny Fraction of Carbon Projects Are High Quality, MSCI Says

Just 5% of more than 4,000 projects in the global carbon-credit market are considered high quality, according to an analysis by MSCI Inc.

The findings are the latest blow to the voluntary carbon-credit market, which has struggled amid revelations of offerings that fail to deliver promised emission reductions. In July, the Science Based Targets initiative, the world’s top arbiter of corporate climate goals, said a review that it conducted found most credits “ineffective.”

Read More: Carbon Credits Found to Be Mostly ‘Ineffective’ in Key Study

In its research, MSCI said it looked at more than 10,000 documents and ...