This report from the European Commission considers nature-based solutions within the context of a circular economy. Published in January 2022, it discusses how solutions that work with nature to mitigate the climate crisis can complement the circular economy model and asks how these solutions can be scaled.
Do elements of uncertainty dissuade you from purchasing nature-based carbon credits? This research from the Cambridge Institute for Sustainability Leadership (CISL) found this was quite normal among corporates. But this needn’t be the case. Published in January 2022, the guidance shares how businesses can move forward with NBS, equipped with greater knowledge and a new mindset.
Published in November 2021, this report complements The World Wildlife Fund’s ‘Blueprint for Corporate Action on Climate and Nature’ report which guides corporate target setting. This report can support its carbon credit implementation after a company has reduced its internal emission reductions. It shares guidelines for searching for climate mitigation solutions and argues that companies should prioritise those that benefit people, nature and the climate.
The Voluntary Carbon Markets Integrity Initiative (VCMI) delivers claims guidance to carbon credit buyers. Published in October 2021, this Roadmap set out its goals and plans to ensure high-quality carbon markets, such as its Claims Code of Practice (released in 2023).
Climate and Forests 2030 released this paper in August 2021. It summarises the critical role tropical forests play in stabilising the climate and explains how these ecosystems do not receive the level of funding that would be required to guarantee their protection. NOTE: It also addressed some of the concerns raised around the environmental and social integrity of forest carbon markets and considered how those risks could be addressed as the market enters its second phase of high integrity and quality.
Are you wondering how much natural climate solutions can contribute to global climate mitigation? This report from IUCN answers this question and highlights different studies considering this potential. Published in July 2021, it also addresses the possibilities of Blue Carbon projects and provides a comprehensive explainer of nature-based solutions, making it a useful resource for those new to this space.
Published by NCS Alliance in July 2021, this report is valuable for businesses looking to invest in high-quality natural climate solution credits. It sets guiding principles for developing credible corporate climate strategies. It offers guidance on what constitutes quality NCS credits and discusses international market mechanisms.
This briefing paper from Ceres is aimed at investors to help them work better with companies. Published in May 2021, it recommends investors ask companies to disclose the percentage of their emission reduction target that will be met via the purchase of carbon credits and whether the carbon credits they buy/intend to buy are certified under any environmental or social impact standard.
Published by The World Economic Forum (WEF) & McKinsey, this report is relevant to corporates looking to invest in natural climate solutions. It shares five actions business stakeholders can take to help scale these climate mitigation solutions. It encourages corporate sustainability leaders to define net zero and corporate claims; highlight good practices; send clear demand signals and help create regulatory clarity.
As a corporate, signalling demand for natural climate solutions is one of the most positive actions you can take. Only with clear demand, can these solutions scale. Published in February 2021, this briefing paper from The World Resources Institute shares the opportunities and risks NCS present for businesses. It explains how corporates should focus on the social integrity of their carbon credit purchases, as well as their climate mitigation potential.