report

UPDATED 25 March 2024

Decarbonising Water: Applying the Voluntary Carbon Market towards Global Water Security

New report estimates a total global potential for carbon credits generated from water-related projects to be more than 1.6billion tonnes of CO2 equivalent per year.

Decarbonising Water: Applying the Voluntary Carbon Market towards Global Water Security cover

This report which provides high level policy recommendations on the most impactful actions that could be taken to deliver a low carbon water sector was released this week.  It was released during World Water Day events in Washington DC on March 19. Supported by Gold Standard, WaterAid, HSBC, VCMI and other partners, the report was written by researchers from the University of Colorado Boulder and Castalia.

It is estimated that water management contributes to as much as 10 percent of global greenhouse gas emissions. Despite this, water floats on the fringe of climate conversation. 

The report highlights the importance of decarbonising water in our global mission to reach net zero and potential the Voluntary Carbon Market has to channel finance towards climate initiatives with a focus on water security.

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