Published in February 2024, this resource is Ideal for those overwhelmed by the volume of guidance for corporates in the voluntary carbon market. Climate Impact Partners has reviewed all the requirements and collected them in one, easy-to-navigate document to help corporates make high-integrity claims with confidence.
This report draws upon SBTi research to consider the barriers and incentives for private sector adoption of Beyond Value Chain Mitigation (BVCM). Published in February 2024, it proposes a toolbox for accelerating corporate adoption and implementation and sets out recommendations for different actors.
This report from the SBTi explores the business case for companies to adopt Beyond Value Chain Mitigation (BVCM) and describes the suggested steps involved in making a BVCM pledge. Published in February 2024, it also provides illustrative examples to show how companies in a range of sectors might implement BVCM in line with the suggestions provided.
Published in February 2024 by the University of Oxford, these revisions to the 2020 Oxford Principles call for a ‘course correct’ for the VCM. It states that ‘current approaches are unlikely to deliver the level of emissions reduction needed to achieve global climate goals. NOTE: Despite the strong call to scale action, the Principles are supportive and clear. It says that each credit type offers different co-benefits and has a unique role to play in decarbonisation. The world needs avoidance and removal, just as it needs both nature and tech.
This paper was published in January 2024 in Nature Communications. It addresses natural climate solutions and how they will benefit corporates as they assess potential carbon credit projects. It outlines five principles that will help leaders define, implement, and measure effective natural climate solutions. It is highly recommended reading for those buying from and investing in, NCS projects.
The voluntary carbon market is not just about carbon. It’s also about people, biodiversity and nature. In this whitepaper, the Compensate Foundation explains non-offset claims such as beyond value chain mitigation, climate finance, and insetting. Published in June 2023, it is relevant for corporates looking to distinguish between their offset and non-offset claims and the differing value each offers their businesses.
Published in February 2023, this report from The Nature Conservancy (TNC) helps carbon credit buyers conduct thorough, credible due diligence before purchase. Buyers want to be certain that the projects they buy from deliver impacts for the climate, nature and people. The TNC spoke to 24 demand-side actors to help define best practices for due diligence.
This resource is useful for those interested in carbon dioxide removal. Released in January 2023 by multiple funders, it covers both tech-based and nature-based carbon removal strategies, explaining their storage timescales and mitigation potentials. It says that novel CDR solutions are growing more rapidly than conventional techniques, but that these conventional methods already take approximately 2 GtCO2 from the atmosphere every year.
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.
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.