How can REDD+ be financed? Released in April 2023, this paper from IETA explains the differences between a carbon credit used in a market-based system such as Article 6 of the Paris Agreement and the VCM versus REDD+ results created through Article 5 of the Paris Agreement, which was designed for results-based payments.
Principles of High Integrity Carbon Markets
Released in April 2023, the G7’s principles for high-integrity carbon markets are a resource for stakeholders working on both the demand and supply side of the VCM. By following these principles, the G7 suggest that stakeholders can take full advantage of the VCM’s potential. However, these principles are non-exhaustive and, as the science develops, will need further refinement to ensure they continue to reflect best practices.
Recommendations for the Digital Voluntary and Regulated Carbon Markets
Set in a context of market criticism, the paper from The World Economic Forum addresses the challenges (lack of transparency, equity and quality) facing current carbon markets. Published in March 2023, it focuses on the potential of digital technology to help build the next generation of carbon markets that are free from these issues and can better deliver climate mitigation, biodiversity preservation and positive social impacts.
Role of credits from High Forest Low Deforestation jurisdictions in climate mitigation portfolios
This whitepaper was published in November 2022 by Climate Impact X, Conservation International, Emergent, Natural Climate Solutions Alliance and the Wildlife Conservation Society. It explains the term ‘High Forest Low Deforestation (HFLD)’ and sets out how carbon credits generated from these geographies can be used in corporate decarbonisation strategies. If your business wants to make a more informed decision about HFLD carbon credits, this resource is for you.
Understanding Corporate Climate and Nature Strategies and the Role of Tropical Forest Protection
Confused by net zero, carbon neutral and nature positive? This whitepaper, published by Emergent in October 2022, breaks down the jargon deterring corporates from the carbon markets and provides some real-life examples of climate and nature strategies. It explains how companies can support these strategies by purchasing REDD+ credits from tropical forest projects.
Forests for Climate: Scaling up Forest Conservation to Reach Net Zero
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.
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