How UNFCCC parties can act on forests’ non-carbon climate benefits

In the VCM, it is easy to think it’s all about carbon. However, forest conservation and restoration projects offer so much more. This guidance document from The World Resources Institute considers how forests affect the climate outside of carbon markets. Published in January 2023, it outlines six ways the UNFCCC parties can take action on these non-carbon climate benefits.

The State of the Carbon Developer Ecosystem 2022

In this report, Abatable considers the state of carbon projects in 2022. Published in January 2023, this is relevant to both the supply and demand sides of the market. It says that more than $10bn of investment was announced for carbon credit generation in 2022, while the total size of retirements was just over $1bn.

Carbon Offsetting in 2023

This report from AI Dash states that 41% of CSOs do not use carbon offsets as they don’t trust them enough. Published in January 2023, the findings of this study are drawn from a survey of 533 mid-level and senior executives who make sustainability decisions for their organisations.

Climate Finance at an Inflection Point

This briefing paper from The World Economic Forum and Bain & Company provides an insight into the critical challenges delaying the voluntary carbon market from achieving scale. Published in January 2023, it also provides recommendations intended to help corporate leaders adopt climate positive strategies and address the challenges present in the voluntary carbon market.

Corporate Minds on Climate Action

Discover the dominant corporate perspectives on climate action and carbon credits with this report from WMB and Conservation International. Published in January 2023, it found the vast majority of business leaders (92%) see long-term decarbonization as a priority and say the responsible use of carbon credits is important to reducing emissions (89%).

Guiding Principles for Corporate Climate Leadership on the Role of Nature-based Solutions

Without seriously scaling investment in nature-based solutions, humanity will not be able to limit global temperature rise to a safe and liveable level. Cue this guidance – a document designed to help corporates invest in nature. Published by We Mean Business in December 2022, it shares five recommendations for corporates: reduce emissions in your own business now; cut land-based emissions from your value chain; invest in NBS beyond your value chain; engage with policy and transparently communicate actions.

The nature tech market: Necessary, emergent, dynamic

This report from Nature4Climate shares a company dictionary of the different actors operating in the nature tech space. Published in November 2022, this is a valuable resource for project developers looking for MRV and for business leaders starting their due diligence processes. Elsewhere in the report, you can find information on the potential of nature tech to solve scaling challenges for NBS and predictions for the future of the market.

Catalysing Nature-based Solutions

Measuring and monitoring are an essential part of the voluntary carbon market. This report from Mana Impact, EviroStrat and UBS Optimus Foundation, offers an overview of current global frameworks and standards being used to measure, report and verify (MRV) nature-based solution projects. Published in November 2022, its case studies provide examples of best practices for other project developers to emulate and show corporate buyers what to look out for when selecting carbon projects.

NBS: scaling up strategies for net zero, nature positive and addressing inequality

How can nature-based solutions support corporate sustainability action? The report from WBCSD is a resource for companies looking to implement nature-positive and net-zero strategies to support the world’s global climate goals. Published in November 2022, it explains how companies can help leverage NBS to deliver for climate, nature and equity.

An Introduction to REDD+ Standards

This report is a REDD+ resource. Published by Conservation International and The Nature Conservancy in November 2022, it covers the seven REDD+ standards, as well as the sources of finance for which they are eligible. The goal is to simplify the understanding of various standards, funding sources, and markets for REDD+ in order to facilitate access to REDD+ finance.