Decarbonisation commitments are driving up demand. Leading global corporates aresetting ‘net zero’ targets and many expect to rely on some carbon credit use to deliver this.
The UK Voluntary Carbon Markets Forum is pleased to introduce The Future of Voluntary Carbon Markets.
This report outlines the essential components of a well governed and
efficient market that can transform the transition to Net Zero. The
report references key developments and initiatives in the field,
including:
- How VCMs can be a force for good in the journey to Net Zero
- Background to recent developments in VCMs
- What the future of the VCM ecosystem may look like
- Examples of how UK expertise is helping to deliver VCMs for high-quality credits.
In addition to corporates’ primary obligation to decarbonise, additional compensation and neutralisation
have an important role to play to achieve a 1.5° pathway. It is essential that any use of carbon credits
that forms part of corporate climate commitments is done through quality projects. National governments also have targets under the Paris Agreement. Decisions on ‘Article 6’ at COP26 could unlock significant voluntary carbon credit demand from government
Supported by the City Of London Corporation.
With contributions from: BCG, KPMG and Oliver Wyman.
City of London
© City of London
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