As corporate net zero targets have become increasingly mainstream, a growing number of companies have turned to carbon credits to help meet their commitments, especially those from natural climate solutions like reforestation and avoided deforestation. Carbon credits have a role to play in the climate transition, guardrails are critical. We work with investors to increase corporate disclosure on the use of carbon credits and ensure that:
Companies use credits to raise the ambition of their climate commitments, not as a substitute for rapid and deep decarbonization
Companies invest in high-quality carbon projects with appropriate social and environmental safeguards.
We support investors through our networks and global engagement initiatives to engage with companies on their climate strategies and carbon credit use. We play a central role in promoting the highest standards for climate commitments.
