The three pillars of integrity in the carbon removal market
Together with global carbon ratings agency, BeZero Carbon, we have published a report that explores the ways in which traditional capital market mechanisms can be applied to the carbon removal market to unlock growth.
In order to meet current climate targets, the carbon removal industry needs to scale up significantly - it must grow by 1,300 fold in the next three decades. But the market for carbon removals is nascent at the moment, and is being stifled by a lack of transparency. This new research finds that in order to boost stakeholder confidence in the market, carbon insurance is essential, alongside robust carbon ratings and stronger Monitoring, Reporting and Verification (MRV) systems, so that market participants can channel their capital into impactful carbon removal solutions.
The full report can be downloaded directly from the Bezero Carbon website.