Last week the message from the world-leading scientists was sound: climate change is "widespread, rapid and intensifying". To scale-up action to contain the climate emergency and limit global heating to 1.5°C, we need sustained and large-scale emissions reductions rapidly. Coupled with the COVID-19 health crisis, there is a double challenge to achieving a green recovery, especially for developing countries suffering an economic crisis that is deepening social inequality.

This has put the spotlight on our governments and their ability to foster climate ambition while ensuring social justice. In this context, the Voluntary Carbon Market (VCM) represents a great opportunity to mobilize significant investments in climate action in developing countries.

In the blog 'Governments can exploit the untapped potential of the VCM to scale-up emission reductions' Carolina Inclan discusses a potential way forward from insights identified through the VCM Global Dialogue. 

Read the full blog.