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.