We discuss how Voluntary Carbon Credit issuance has stalled in the past 12 months as a series of negative reports on the reliability of baselines has created reputational headwinds. The VCM has poorly communicated the benefits of Nature-Based Solutions and the vital role they must play in achieving Net Zero. Despite the ecosystem putting on a brave face, it is hurting end demand, and while high-quality projects will be sort after, the hurdle to qualify as such is becoming increasingly onerous. The only solution that can restore confidence is for the baselines to be redrawn.
Download the report to read it in full [the green button to your right].
Maria Filmanovic is the Co-Founder of Abatable, a platform that consults corporate clients regarding their nature-based solution strategies. Eric Cooperstrom is the Head of the Forestry Climate Strategy at Manulife Investment Management, Timberland, and Agriculture. Aadith Moorthy is the Founder & CEO of Boomitra, a project developer in the nature-based space.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.