Building a pathway for planetary-scale restoration.
The Intergovernmental Panel on Climate Change estimates that we need to remove 6 gigatons of carbon dioxide from the atmosphere annually to reach net zero by 2050. As a result, there is an increasing demand for carbon removal projects, which currently only make up 3% of credits on the Voluntary Carbon Markets. At this rate, the demand for these projects will soon outstrip the supply. To reach our global net-zero targets, the world needs a pathway to accelerate the development of high-integrity restoration projects.
Recognising this crucial need, we have pioneered a standard that promotes the rapid growth and development of these projects. Our standard outlines strict eligibility criteria for projects, rigorous measurement protocols, and modern verification procedures to ensure successful project outcomes. This not only facilitates a strong framework for developing new projects, but also promotes confidence and transparency in the Voluntary Carbon Market, paving the way for more investment and action to tackle the climate crisis.