CMW has sketched the scenario of companies adhering to both the LSRS and the SBTi’s FLAG Guidance, and found worrying evidence that compliance with the FLAG Guidance is taking precedence over the LSRS
This research finds that climate impact funds support varying mitigation actions, with most funds conducting their own due diligence and encouraging companies to adopt a BVCM approach without misleading compensation claims.
A vacuum of evidence exists to prove the claims of market actors that carbon credits purchased on the voluntary carbon market accelerate corporate internal decarbonisation. An examination of reality shows that market confidence may be driven by noise, rather than a clear signal.
The International Organisation for Standardisation (ISO) and the Greenhouse Gas Protocol (GHG-P) decision to create common emissions accounting standards has the potential to streamline and simplify procedures. However, this must be done in a way that lifts climate ambition
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