Jen Stebbing’s Post

"The good news is, thanks to new research and analysis, we now have a clearer picture of not only how companies currently use carbon credits, but about what role carbon credits can and should play in credible and responsible climate action moving forward." - Lucy Almond, Chair Nature4Climate Great insights from one of the leading voices in the #naturebasedsolutions space on the current debates over the role of #carboncredits in climate action. There's a role to play for high-integrity carbon credits in corporate climate plans alongside ambitious emission reduction targets. Learn more about what the research behind carbon credits is telling us and how can ensure they catalyze the additional climate solutions the world needs 👇 https://lnkd.in/gAtVy8Kw

Good to see some common sense prevailing in the carbon markets. Key quote: "With the appropriate guardrails, carbon credits enable responsible businesses to immediately accelerate their action on climate, and can ultimately support more climate action than a focus on internal emissions reductions alone." #VCM #ClimateAction #CarbonCredits

🌎 Each year, Earth Day invites us to consider what we can do as individuals to help solve environmental problems. In this new article, Thomas Kuh, PhD, #MorningstarIndexes Head of ESG Strategy, provides ways that we as individuals and investors can make our voices heard to influence climate policies. http://spr.ly/6047jB73T #EarthDay #ClimateChange

Want to communicate a credible and defensible climate strategy to your stakeholders? 💡Learn how using carbon ratings alongside frameworks such as the VCMI's Claims Code of Practice, The Integrity Council for the Voluntary Carbon Market (ICVCM)'s Core Carbon Principles and the Oxford Offsetting Principles can help you demonstrate the quality of your carbon portfolio, and communicate credible impact: https://hubs.li/Q02G9Fcx0 #CarbonCreditExplainer #ClimateAction #ClimateActionToday #CarbonCredits #CarbonRatings

When you’re in a hole, the first rule is to stop digging. Today, the world finds itself in a climate hole, yet we dig ourselves deeper by continuing to emit climate-changing gases into the atmosphere. Despite this reality, there’s an emerging perception that, when it comes to carbon credits, removals – pulling carbon out of the atmosphere and sequestering it in long-term storage – are preferable to or more impactful than emissions reductions. This is demonstrated by increasing corporate hesitation about reduction-based carbon credits, on the one hand, and a raft of high-profile removal-based agreements and initiatives, on the other. While all corporate leadership should be applauded, this “either/or” approach is dangerous for climate action. For the atmosphere’s balance sheet, emission reductions and removals are both vitally important. -Mary Grady #vcm #multipleapproaches #corporateleadership #carboncredits #commentary #climatechange https://lnkd.in/eDiMQwWD

A really interesting intervention from H&M on SBTi’s proposed net zero changes. They’re right to point out that the BVCM approach SBTi set out in February should be the key route to funding climate action outside of value chains.

💡 An insightful read by Lucy Almond detailing some of the recent modelling studies within the #vcm. Her comments highlight the drive for integrity and the continuing evolution of the market. The IETA Guidelines for High Integrity Use of Carbon Credits, referenced within Lucy's article, look at the role carbon credits can play in compensating for corporate greenhouse gas (GHG) emissions where there is a high risk of such corporates missing their climate targets, or where such corporates are struggling to reduce their GHG inventory at the pace physically required by climate science to achieve the Paris Agreement goals. 🌍 🌱 ⬇ Check out Lucy's story below... ➡ Read IETA's Guidelines https://lnkd.in/ePdGrJXe #carbonmarkets #climateaction #makingnetzeropossible #ghgemissions #parisagreement #corporateaction

Companies gain trust and lower costs through climate action: Many businesses are taking action against climate change by reducing their carbon footprint and sharing their environmental strategies. #ClimateAction #ClimateChange #CarbonFootprint #EnvironmentalStategies #TCFD #ClimateCrisis #EarthDotCom #EarthSnap #Earth

🌿 Good News for Carbon Markets! 🌿 The U.S. government’s recent embrace of carbon offsets is a significant step toward promoting a strong and sustainable carbon market. Despite controversies surrounding these mechanisms, their potential impact on climate change mitigation cannot be ignored. 🔗 Read the full article: U.S. Government Embraces Carbon Offsets (https://lnkd.in/erwJ-rZ4) Let’s continue supporting initiatives that drive environmental integrity and combat climate change! 🌎💚 #ClimateAction #CarbonOffsets #Sustainability

Think tanks NewClimate Institute and Carbon Market Watch are urging voluntary initiatives such as VCMI and the Science Based Targets initiative to strengthen their standards and validation processes instead of opening the door for #Scope3 flexibility. In the latest Corporate Climate Responsibility Monitor (#CCRM) published today, the two organisations find that most companies’ #ClimateTargets remain insufficient and unsubstantiated, and express concerns over "loopholes" that could further undermine ambition. https://lnkd.in/eEP9ZeQU #NetZero #ClimateStandards #ChiefSustainabilityOfficer