The ICVCM’s CCP-labelled REDD+ methodologies

The ICVCM has approved three REDD+ methodologies. Announced in November 2024, this paves the way for CCP-labelled REDD+ credits which are expected to be issued in 2025. The following methodologies have been approved: (ART) The REDD+ Environmental Excellence Standard (TREES) v2.0, TREES Crediting Level; (VCS) VM0048 Reducing Emissions from Deforestation and Forest Degradation v1.0; and
(VCS) Jurisdictional and Nested REDD+ (JNR) Framework v4.1. Millions of REDD+ carbon credits could be issued from these methodologies.

Investing in Natural Capital: Innovations Supporting Much-Needed Financing for Nature

In this report, the World Economic Forum argues that investing in natural capital is essential, attractive and feasible. Released in September 2024, it assesses ways of unlocking capital for NCS as well as the innovations currently emerging in the market. It highlights that natural capital (that is the world’s stock of renewable and non-renewable natural resources that can deliver benefits to people) per capita dropped by 40% between 1992 and 2014, while produced capital doubled in the same period.

From co-benefits to core benefits: How to ensure carbon finance is equitably and transparently distributed

Terraspect has published a report that aims to reframe co-benefits into core benefits. Released in September 2024, it discusses the equitable distribution of carbon finance. The report outlines steps for transparent, equitable benefit sharing which include: Determining fair levels of compensation, appropriate payment mechanisms, effective verification and the impacts of institutional finance.

Indigenous Shareholder-ship in Environmental Markets

In September 2024, Climate Collective published a ‘non-exhaustive analysis’ of Indigenous participation in carbon and nature markets. It covered the challenges Indigenous Peoples can face during each phase of a project’s delivery and considered the effectiveness of FPIC. The reports looked into different models of engagements and business models which reframe revenue sharing into buying services from Indigenous Peoples.

Deforestation Disclosure Guide for Financial Institutions

The World Business Council for Sustainable Development (WBCSD) released a guide to help financial institutions disclose climate and nature-related risk and risk management strategies. Published in September 2024, this guide offers practical steps for financial institutions to follow and explains the importance of nature in the context of net zero plans.

Where’s the money for forests?

In September 2024, Nature4Climate analysed exisiting resources to better understand the sources of funding for forests. It considered both the current and potential contributions of each funding source to forest conservation and restoration projects and found that, while public finance is critical, it is unlikely to scale annually. Therefore, the report concluded that scaling up private finance is vital for global climate mitigation.

Removing carbon responsibly: A guide for business on carbon removal adoption

In September 2023, the World Business Council for Sustainable Development (WBCSD) published a guide to carbon dioxide removal (CDR) for businesses. It clarifies the business case for investing in nature-based and tech-based forms of CDR and shares principles for investing in these solutions. It also includes an interactive tool to help businesses assess CDR solutions in line with the framework outlined by WBCSD.

The Sustainability Leader’s Guide to Voluntary Carbon Markets (VCMs)

Sylvera’s guide is extremely relevant to corporates looking to learn about the options available in the voluntary carbon market. It covers how to conduct carbon credit due diligence and explains the different project types. It covers the benefits of each credit type and explains how corporates can avoid some of the biggest risks of the market.

SBTi’s Corporate Net-Zero Standard

The SBTi’s Corporate Net-Zero Standard is the world’s first framework for corporate net-zero target setting in line with climate science. This is a key resource for corporates developing their emission reduction strategies. The Standard covers near-term and long-term targets; residual emissions and beyond value chain mitigation.

Carbon Offset Guide

Produced by the GHG Management Institute and Stockholm Environment Institute, this is a website intended to promote the potential of carbon markets and explain their functioning to corporates. It produces research on an ongoing basis to inform policymakers and the general public about both voluntary and regulatory carbon offset standards and policies.