This resource from NCS Alliance makes the business case for natural climate solutions. Published in September 2022, it shares immediate actions that C-suit executives can take right now that will support nature, the climate and their businesses. Above all, this guidance document emphasises the need for quality throughout the decarbonisation process.
In March 2022, Nature4Climate created an interactive tool to help both businesses and project developers work with forest restoration projects. For businesses, it guides the selection process by clearly identifying high-quality projects for nature and local people. For project developers, it guides the implementation process to ensure trees are planted in line with best practices.
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 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.
The University of Oxford provides corporates with four key elements to credible net zero offsetting in its September 2020 Principles document. It is essential to cut your company’s emissions before purchasing carbon credits and strategically use a combination of reduction and removal credits to meet climate targets. The report speaks critically of nature-based carbon credits, suggesting that improvements could be made to these project types.