As organisations take action to transition to a low-carbon future, we take a brief look at the importance of the Voluntary Carbon Market (VCM) and development of climate projects worldwide; Credit Standards, project types, governance, and carbon pricing. The VCM provides a global, market-based approach to enable investors to build upon their transition strategies, by financing activities elsewhere to address their unavoidable carbon emissions. We explore the importance of science-based targets to provide organisations with a clearly defined path to reduce emissions in line with the Paris Agreement, and how purchasing high quality carbon credits can play a critical role in accelerating the transition to Net Zero.
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