Asunción, PY – Rotterdam, NL. 26/04/2024. – Quadriz, Paraguay’s largest REDD+ carbon offset project developer, proudly announces its membership in the International Emissions Trading Association (IETA), a leading international emissions trading and carbon finance organization.
This is the first time that a company with REDD+ projects based in Paraguay has joined the IETA, marking a milestone in the growing carbon finance field in the country.
IETA will provide Quadriz and therefore, Paraguay, with a network of more than 325 members across various regions and industries, all sharing a common mission to empower businesses to engage in climate action and pursue net zero ambitions.
As a member, Quadriz will access the most up-to-date and credible information on greenhouse gas emissions trading and global market developments. IETA will provide a platform to join different global and regional carbon market working groups, as well as access to policymakers in governments and international organizations who shape the future of carbon markets.
Quadriz, in turn, will contribute to the organization by giving valuable feedback and communicating the challenges that carbon project developers face in the Voluntary Carbon Market (VCM), which will help improve and bring more transparency to it. In addition, the company will encourage businesses to implement and use the new IETA Guidelines for High Integrity Use of Carbon Credits, such as:
- Ensure that only high-quality carbon credits are used
- Transparently disclose the use of carbon credits.
Commenting on the membership, Marcel van Heesewijk, Quadriz’s founder and CEO, said:
“We are thrilled to become IETA members to support the organization’s drive towards transparency and enhanced governance of the carbon markets, and to help scale and make available high-integrity carbon credits from our nature-based projects.”
Regarding the announcement, Dirk Forrister, CEO of IETA, said:
“Forests are one of the most important and impactful sources of carbon reductions there are, and it’s essential that we provide market incentives for growing these vital carbon sinks if we’re going to meet the goals of the Paris Agreement. I’m delighted to welcome Quadriz to the IETA family; their membership of IETA is yet another sign that climate ambition is spreading to all corners of the globe.”
IETA is a non-profit organization representing businesses committed to smart, well-designed, and effective carbon markets. It is the first international, multi-sectoral, purely business group devoted to enhancing emissions trading.
