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Code of practice for carbon offsetting

The Government is considering the responses to its proposed voluntary code of best practice for all providers of carbon offsetting products and services. The proposed code is based on the use of certified credits from the regulated market which incorporates the Kyoto mechanisms, the Government said. These credits are backed by an international framework to ensure that robust and verifiable emissions reductions occur. The credits also aim to provide a clear audit trail, ensuring transparency and reliability. The Department for Environment, Food and Rural Affairs hopes to have the final code of best practice and associated accreditation in place by the end of the year. The Government said no carbon offsetting products or services currently bear any formal government accreditation, and none will be accredited before 2008.