[Blog] Corporates and governments would benefit significantly from joining forces in voluntary carbon markets
[Blog] Corporates and governments would benefit significantly from joining forces in voluntary carbon markets
In the effort to halt global heating, large global corporates and developing country governments should join forces to stop deforestation and build resilient economies. Actually, this is advantageous for both, proposes the ongoing VCM Global Dialogue.
There is quite some finger pointing in the discussion on how to deal with the climate crisis, where many participants and observers tend to be most worried if others are doing enough. Large corporates are accused of being unwilling to decarbonise their businesses and of using offsetting as an excuse to continue business as usual. Governments are blamed for unambitious climate goals – known as nationally determined contributions or NDCs in climate policy lingo – and of even weaker plans to actually implement them. Industrialised countries are told off for not supporting developing nations sufficiently in building flourishing, resilient and low-carbon economies and in protecting and restoring forests. All of this is hardly helpful in getting us close to solving our problems. And there are ample opportunities for supporting each other’s efforts instead.
In our blog 'Corporates and governments would benefit significantly from joining forces in voluntary carbon markets' Adriaan Korthuis discusses efforts and opportunities for corporations and developing country governments and how they're aligned.