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Paper Details

A Comparative Analysis of the Standards Used in Voluntary Carbon Markets

Bilal Cank?r, Derya Semiz, Aysun Aktas

Journal Title:Journal of Economics, Finance and Accounting (JEFA)

The studies related with sustainability have been carried out since the first years of the 20th century and it has become a global issue for the last forty years. Climate change, caused by greenhouse gas emissions, is the biggest global threat of the 21st century. As awareness of its impacts grows, many governments and businesses are working hard to reduce their direct CO2 emissions. Voluntary Carbon Market was developed the results of these studies and there are many different standards to certify the green gas emission reductions in this market. The starting point of the voluntary carbon market which is a new concept that has recently entered the literature is a sustainable environment. Within this context in this study sustainability and sustainable management approach has been put forward, the standards that is being used in voluntary carbon market have been analysed and then a comparative analysis of these standards has been made.