The voluntary carbon markets have expanded rapidly recently, capturing the attention of entrepreneurs, corporate entities, and investors. Today, however, like many burgeoning markets, the voluntary carbon markets are susceptible to instability – and crime – in the absence of sufficient infrastructure, transparency, and standardized operating procedures.

As the voluntary carbon markets develop, government agencies have recognized these issues and have taken steps to hold the industry accountable. This GT Alert reviews those steps, including recent enforcement actions, and provides considerations for industry participants who may be concerned about future enforcement in this developing market.