Climate change science tells us that we must rapidly decarbonize our global economy.
Therefore, it is critical that voluntary carbon markets are used above and beyond both:
- ambitious government policies and targets.
- science-based action by businesses to reduce their greenhouse gas emissions.
They must never enable, delay, or displace real action on decarbonization.
This means that we must establish robust guardrails that ensure carbon credits are used for truly additional climate action, which credibly enable Paris Agreement targets and Sustainable Development Goals.
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