“Voluntary Carbon Markets catalyze crucial capital flow into emerging markets, embodying the ‘all hands on deck’ ethos we desperately need. While direct mitigation remains our priority, these markets are vital bridges, channelling resources and efforts where they are most needed. Every action counts, and the leadership of Voluntary Carbon Markets Initiative to foster high-integrity voluntary carbon markets are critical to ensure that the global community can contribute collectively to the biggest challenge humanity has faced.”

“Voluntary carbon markets can be a powerful tool for mobilizing the investment in innovative technologies and actions needed to keep a 1.5 C limit on warming within reach. VCMI is performing a vital service by establishing high-integrity pathways for companies to support stronger climate action while making progress toward their own net zero- goals. By creating sound guardrails for the use of high-quality carbon credits, the new VCMI guidance will provide strong assurance that this finance will help deliver the greater climate action we so urgently need.”

“We would like to congratulate the release of additional guidance for the Claims Code of Practice. The additional guidance could contribute to the operationalization of environmental integrity in voluntary carbon markets. We believe the leadership of VCMI can unlock the finances to accelerate the mitigation activities toward net zero by 2050.”

“The Claims Code of Practice has a vital role to play in building trust in the voluntary carbon markets and giving companies the confidence they need to invest in vital climate action. We look forward to working with colleagues on the Stakeholder Forum to shape the future development of the Code.”