UPDATE 2-US unveils policy to boost carbon offset market integrity

The heads of the Treasury, Energy and Agriculture Departments as well as President Joe Biden's top climate and economic advisers announced a joint statement of policy and principles to guide participation in voluntary carbon markets as part of its broader efforts to encourage their development. "Voluntary carbon markets can help unlock the power of private markets to reduce emissions, but that can only happen if we address significant existing challenges," said Treasury Secretary Janet Yellen.

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