Voluntary carbon markets (VCMs) have gained traction among corporates & investors in recent years and are expected to grow tremendously over the next decade. In particular, agriculture & land use projects have emerged as nature-based solutions to address climate change mitigation & adaptation.
However, many controversies have risen recently questioning the performance and impact of some of these projects: underestimated baselines to maximize profitability, false additionality of already conserved natural areas, eviction of indigenous communities, double counting, questionable credit integrity…
Nonetheless, transitioning to sustainable practices is absolutely necessary, although progressing too slowly. As such, VCMs offer a promising framework to contribute to this transition. They not only help drive the agricultural transition, but are also a powerful tool to deliver social impact. The guiding question then is: what are the conditions necessary to ensure that VCMs generate socially & environmentally impactful projects?
Alongside practitioners, this webinar will thus explore up-and-coming initiatives trying to set criteria for impactful VCMs and try to frame the necessary conditions for VCMs to deliver their goal.
Our distinguished guest speakers for this webinar are:
– Carla Orrego, Transformative Finance Lead & Lab Portfolio Manager, Climate Policy Initiative
– Hugh Salway, Senior Director, Market Development & Partnerships, Gold Standard
– Adrien Covo, Senior Program Officer, Finance & Development, Ksapa
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