Corporates must learn to navigate carbon markets' quality issues
Carbon credits have a credibility problem. The value of carbon credits backed by avoided deforestation projects was called into question last month when the Guardian claimed that 94 per cent of credits verified by leading standards body Verra do not represent real emissions reductions, and could be “phantom credits”.
The other side of the coin: CBD COP15 and what it means for the private sector
This week, over 15,000 delegates, including environment ministers from around the world and Canada’s Prime Minister Justin Trudeau will be attending the Conference on Biological Diversity (CBD) or ‘COP15’ which is being hosted in Montreal. Building on the momentum of COP27 (the climate COP) which saw progress towards agreements to halt especially deforestation, COP15 is…