REDD up by 27% YOY, for 1Q2024. If you read about Carbon crisis, prices crashing, double check the source. Likely the author has an agenda that opposes Voluntary Carbon Markets(VCM) and/or anything that smells of capitalism.
📣 📈 Demand for REDD+ is soaring, up by 27% over Q123 according to the latest MSCI Inc. Net Zero tracker. This surge highlights a growing appetite for nature-based climate solutions (#NbCS) as part of a company's wider decarbonization strategy. We're thrilled to see that companies are stepping up their climate commitments, with a fifth aiming for net-zero emissions by 2050. Additionally, nearly 38% have set decarbonization targets, while over half have disclosed emissions reduction commitments. Voluntary carbon credits, including those from NbCS such as REDD+, are instrumental in achieving corporate net-zero goals. Embracing nature-based climate solutions isn't just beneficial—it's imperative for safeguarding our planet's future.🌎 Despite this wonderful progress, we recognize there's still an enormous amount of work to be done. While 60% of listed companies globally disclose their Scope 1 and/or Scope 2 emissions, the disclosure gap among U.S.-listed companies remains significant. We're committed to this work and welcome conversations with companies who want to buy carbon credits that support the high-integrity REDD+ forest conservation projects we represent. Feel free to reach out via DM or message Joshua McCarron, Philip Rothrock or Mohamed Oday. https://lnkd.in/gzjgKxZC #NetZero #CarbonCreditsWork #VCM