This Risilience report surveys 500+ sustainability and finance leaders on how large corporations are embedding climate and nature risk into business strategy. It finds growing board-level focus, but also major gaps in finance-grade modelling, Scope 3 integration, and quantifying nature risk.
Scope 3 decarbonisation: Practitioner challenges
This Ramboll report draws on deep interviews with over 30 companies to understand the barriers to effective Scope 3 emissions reduction. It identifies persistent implementation challenges, from poor data visibility and supplier coordination to weak financing and reporting standards. Many companies struggle to move beyond targets to real reductions, especially in complex, global value chains. The report offers priority actions for business and policymakers, including clearer accounting rules, capacity support, financing instruments, and cross-sectoral collaboration to close the action gap on Scope 3.
A confident carbon market: Business perspectives
This VCMI – Accenture study explores the key concerns and opportunities shaping corporate engagement in voluntary carbon markets based on input from 65+ companies and 60 market reports. While carbon markets remain essential to climate ambition, risks currently outweigh perceived benefits. Businesses call for clarity on how and when to use credits. Framework alignment, credit quality assurance, and clearer financial value cases are seen as critical to increasing corporate investment and restoring momentum.
The common credit data model: Key infrastructure for digital carbon markets
This Carbon Mechanisms Review brief by Wuppertal Institute outlines how a common credit data model can serve as a backbone for digital carbon markets. It highlights benefits like improved interoperability, transparency, and cost reduction, especially for registries, project developers, and credit buyers navigating fragmented systems.
VCMI’s Scope Action Code of Practice
This guidance from VCMI helps companies navigate Scope 3 emissions in line with credible climate action. It outlines three key principles: reduce first, disclose transparently, and limit credit use to no more than 25% of Scope 3 emissions annually. The Code complements SBTi targets and integrity claims, ensuring that corporate offsetting strategies do not undermine decarbonization. It aims to create demand-side accountability, clarify buyer claims, and bolster trust in high-quality carbon markets as part of the net zero transition.
2025 CDR market survey
Sylvera and CDR.fyi predict that tech-based removal credits will increasingly make up a larger proportion of the CDR market. This report, based on a market-participant survey in February 2025, expects the ratio of nature-based and tech-based credits to switch from 6:1 to 1.2:1 by 2030. Respondents predict that the price for tech-based credits will fall over the next two decades and that decisions from the key net-zero standards setters will be extremely influential.
The State of Carbon Credits 2024
Sylvera, the carbon data provider, reviewed the state of carbon credits in 2024. Published in January 2025, this report highlighted the differing perspectives of market participants during the previous year. Some players were excited by Article 6 progress and new methodological approvals from the ICVCM. Others remained unconfident both in credit quality and in the likelihood of future demand. However, it concludes that the carbon markets are going through a gradual but significant time of change.
VCM 2024 Review & Emerging Trends for 2025
In January 2025, AlliedOffsets reviewed the trends observed in the voluntary carbon market over the past twelve months. It reported rising interest in engineered removal credits and more offtakes of nature-based solutions. It also found there has been a 33% drop in low-quality credit retirements since 2020.
2024 Carbon Market Trend Report
Pachama published a review of the carbon markets in December 2024. Looking back at the previous 12 months, this report discusses the debate over using carbon credits for Scope 3 emission mitigation, the scientific evidence on the importance of conserving forests, the rush for removals and the emergence of tech for risk mitigation.
Will carbon credits scale again?
This website, Carbon Paradox, launched in December 2024. It addresses 24 paradoxes of carbon markets and considers the nuanced issues that could prevent or enable its scaling. Making interesting reading for all market stakeholders, the website covers topics including baselines, additionality, perfection and standards.










