Over the two decades that the Voluntary Carbon Market (VCM) has operated, national policies have started to mandate climate action in many geographies and areas of the economy. Is the scale of national and sub-national climate policy in today’s Paris Agreement era changing how the leading offsetting standards understand additionality? There is a gap between the NDCs of countries and the actual policies national governments have in place, how do the standards handle this when it comes to assessing additionality? The VCM is an innovative and ambitious market by nature, how have additionality requirements evolved over time to arrive where they are today?
The additionality test applied to every project is one of the main tools to ensure that the VCM delivers climate impact and contributes to our global transformation. For a project to earn carbon credits, it must be proven additional, meaning it would not have happened without the carbon finance.
Further webinars in the series will cover what corporate climate leaders need to understand to know quality carbon credits when they see them: additionality, baselines, leakage, monitoring, and permanence.
Join this webinar to hear from some of the leading standards on the changing landscape of additionality in the VCM. For more information visit Climate Care webinar page
Hugh Salway, Senior Director, Market Development and Partnerships
Andrew Howard, Senior Director, Climate Finance and Markets, Verra
Moderator
Saskia Feast, Ph.D., Managing Director, Global Client Solutions