Carbon Tanzania’s 2023 impact report can be read as an example of high-integrity in the voluntary carbon market. Published in May 2024, it is useful for project developers interested in improving community engagement and learning from best practices in carbon revenue sharing. It is also useful for corporates looking for examples of high-quality nature-based climate solutions.
This report from NCS Alliance and WBCSD addresses the role of project developers and communities in natural climate solution carbon credits. Published in May 2024, It includes a blueprint for developing NCS projects covering initiation, feasibility, design and implementation. Section 3 considers how NCS works in practice with a discussion of additionality, FPIC and methodologies.
Published by Meta and Carbon Direct, this report discusses the opportunities for ecological restoration in the VCM. Released in May 2024, it covers barriers for ecological restoration projects in the VCM and provides a roadmap to guide buyers to best support ecological restoration. In 2022, carbon credits from nature-based projects represented about 17% of issuances from the four largest registries. But how to increase this percentage further?
Published in May 2024, Ecosystem Marketplace’s annual state of the voluntary carbon report provides an overview of dynamics in the voluntary carbon market. Drawing on interviews with project developers and credit resellers, it is relevant to those operating in both the supply and the demand sides of the market.
This research from IETA and AlliedOffsets investigates corporate demand for carbon credits and their potential to help mitigate greenhouse gas emissions. Published in April 2024, it revealed that 81% of companies have not yet set climate targets, highlighting the need to focus criticism and attention on the laggards, not the leaders, of climate action. Those companies that have set targets have exceeded emission reduction goals by an average of 26% for Scope 1 and 2.
This nature tech report from GSMA can be used by corporates looking to monitor and assess impact. Published in April 2024, it outlines current technologies being deployed including satellites, GIS, UAVs, bioacoustics, mobile apps, AI, blockchain, eDNA and the Internet of Things. It explores how mobile and digital technologies are addressing biodiversity loss in LMICs and the potential for biodiversity business models.
What’s preventing corporates from investing in carbon credits? Produced by We Mean Business, Intercontinental Exchange (ICE) and Bain & Company, this report found that many companies would be willing to double their carbon credit investments if doing so was more rewarded and recognised. Published in March 2024, it revealed that 71% of companies find engaging with the voluntary carbon market allows them to decarbonise more and 51% said that the money they invest in carbon credits would be reabsorbed if it wasn’t used for this purpose.
This report was produced by FAO, UNDP, UNEP and UN-REDD+ in March 2024. It contains a series of case studies from Africa, Asia, the Pacific, Latin America and the Caribbean to help REDD+ projects learn about land rights and tenure. REDD+ programmes should not solely link benefits to ownership because sometimes land rights are not formalised. In these instances, it should be linked to participation in programme activities.
S&P Global offer an overview of carbon credit issuances and retirements until February 2024 in its March 2024 report. Following indecision on Article 6 at COP28 in 2023, it predicts a new era of maturity for the voluntary carbon market. It also discusses the compliance market, predicting that it will experience growth in 2024.
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.