This whitepaper from The World Economic Forum speaks to corporates seeking to help halt and reverse deforestation. Released in September 2022, it advocates for jurisdictional approaches to REDD+ as a forest protection strategy and highlights case studies from Brazil, Ecuador, Ghana and Vietnam. These examples are helpful for those looking to understand how large-scale forest protection works in practice.
This guidance document from The World Resources Institute explains how nature-based carbon credits can support decarbonisation through 2040. Published in June 2022, it recommends the voluntary carbon market adopt guardrails to better align itself with two principles: carbon projects should respect the rights of Indigenous people and a company must already be on an emission reduction pathway before purchasing carbon credits.
Produced by The World Resources Institute, this document guides the voluntary use of carbon credits generated by nature-based solutions, particularly those generated beyond an organization’s value chain. Developed by a WRI working group in June 2022, it is focused on nature-based solutions and markets and acts as a one-stop resource to discover the Institute’s latest thinking on nature-based solutions.
Blue Carbon works with marine ecosystems to deliver climate mitigation solutions. It is an area of nature-based solutions that is increasingly capturing corporate attention. Published by McKinsey in May 2022, this report is essential reading for business leaders interested in purchasing credits from blue carbon projects as it breaks down the available solutions into the categories established, emerging and nascent. This can help inform future decarbonisation strategies.
This report from The Environmental Defense Fund questions the security of investing in soil carbon storage. Published in May 2022, it does not think that soil carbon science has developed enough to make these projects a worthwhile investment compared to other nature-based solutions available. NOTE: Soil has an immense capacity to capture and store carbon from the atmosphere. These methodologies are constantly improving and evolving.
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.
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.
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 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.