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Global Blockchain Business Council
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Voluntary Ecological Markets (VEM) Taskforce

Standards for digital assets that represent the environmental benefits traded in voluntary ecological markets.

Meets: Monthly, virtual

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Agentic/AI & BlockchainAPACCapital Markets Risk Mitigation Framework (RMF)DeFi & VaultsDigital Assets and Trading (Coming Soon)Digital Payments & Digital MoneyEMEA PolicyEnergy and Tokenized Carbon MarketsFinancial & Cyber Crime Disruption TaskforceInfrastructure for Tokenized AssetsPost Trade Distributed Ledger (PTDL)Regulatory Council (RC)Supply Chains and TransportationTaxonomy and DefinitionsTechnical Standards – ISO/TC 307 & SC42U.S. Blockchain Coalition (USBC)U.S. PolicyUK PolicyVoluntary Ecological Markets (VEM) Taskforce

What this group works on

  • —Digital asset standards
  • —Claim integrity
  • —Market interoperability

Outputs

Voluntary Ecological Markets (VEM) Overview - Version 1 report coverVoluntary Ecological Markets (VEM) Overview - Version 1Read the full report (PDF) →Voluntary Ecological Markets (VEM) Overview - Version 2 report coverVoluntary Ecological Markets (VEM) Overview - Version 2Read the full report (PDF) →

Frequently asked questions

What is the Voluntary Ecological Markets (VEM) Taskforce?
The IWA Voluntary Ecological Markets (VEM) Taskforce is a working group of the IWA that is focused on the development of standards for the creation of digital assets that represent the environmental benefits of voluntary ecological markets.
Who leads the Voluntary Ecological Markets (VEM) Taskforce?
The Taskforce is led by the Head of IWA, as well as GBBC member representatives specializing in the topic.
How often does the Voluntary Ecological Markets (VEM) Taskforce meet?
The Voluntary Ecological Markets (VEM) Taskforce meets monthly, virtually.
How do I join the Voluntary Ecological Markets (VEM) Taskforce?
Participation is open to vetted GBBC members. Member organizations nominate participants directly, and GBBC membership staff (info@gbbc.io) can add your team to the next session.