[Blog] The VCM as a catalyst of climate action beyond public action by governments

[Blog] The VCM as a catalyst of climate action beyond public action by governments

Project developers are at the core of the voluntary carbon market (VCM): they identify mitigation and business opportunities, bring partners together, and bear the financial risk of reducing emissions. The recent wave of corporate climate commitments has boosted demand for voluntary carbon credits to levels unprecedented in the history of the market. Whereas limited demand and low prices used to be one of the main barriers for project developers to implement their activities, more recently, regulatory uncertainties have started to constitute a bigger hurdle. The VCM Global Dialogue brought voices from project developers in the Asia Pacific, Africa, and Latin America and the Caribbean to the surface, who are worried about how the uncertainty created by the ongoing negotiations on Article 6 of the Paris Agreement will impede their ability to develop projects.  

In our blog 'The VCM as a catalyst of climate action beyond public action by governments' Lieke t' Gilde and Danick Trouwloon discuss the role of project developers and how the recent wave of corporate climate commitments has changed the voluntary carbon market. 

Read the full blog.