Chemonics at COP27: Improving the High quality of Nature-based Carbon Credit

Chemonics at COP27: Improving the High quality of Nature-based Carbon Credit

Lack of regulation, comprehensive standards, and equitable stakeholder engagement in nature-based carbon projects has led to pervasive issues for communities and could undermine the credibility of these projects and credits in the voluntary carbon market. As the voluntary carbon market scales up, these issues are gaining more prominence in the considerations of purchasers and investors. In this panel, we discussed the current status of the nature-based carbon credit space and examined the challenges as well as opportunities and methods for improvement.

Learn more about Chemonics’ activities at COP27 at: http://ow.ly/OhBj50LVzV8.