According to Andurand Capital Management LLP, investors are in danger as conflicts between governments and private parties in the market for voluntary carbon offsets grow. The amount of carbon market, governments, will likely claim for their purposes is presently unknown, as well as the quality of the accounting system. Lawyers have previously expressed concern about the ambiguity surrounding the voluntary carbon market, which, in contrast to the compliance market, is not bound by national or international rules. To avoid double counting, governments must choose whether to include credits from the voluntary market in national inventories.
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