NAVIGATING VOLUNTARY CARBON MARKET

The voluntary carbon credit market has come under significant scrutiny by the media, causing many buyers to question the use of carbon credits due to reputational worries.

We cannot deny this market faces some critical problems that need to be addressed promptly, such as the effectiveness and permanence of reductions, avoidance of removal of emissions and transparency in credit pricing. Nevertheless, it is clear this market is needed.

It is very difficult for companies, especially those in hard-to-abate sectors, to reach Net Zero without investing in carbon credits. These sectors typically have long-lived capital assets that are difficult and expensive to retrofit.

Voluntary carbon projects have successfully contributed to the financing of sustainable projects in emerging countries and play an important development role substituting traditional private investments.

Carbonex helps companies navigate this market and setting the best strategies using high integrity carbon credits and matching their emission reduction goals.