Carbon Credit Integrity

What is TSVCM?    The Taskforce on Scaling Voluntary Carbon Markets (TSVCM), sponsored by the Institute of International Finance (IIF) built a report that outlines the Taskforce’s goals and methods for scaling up the voluntary carbon market.  CTX ticked every box on all actions set out by the Taskforce. 

 

https://www.iif.com/Portals/1/Files/TSVCM_Report.pdf

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What the report says:

✯The TSVCM estimates that the volume of voluntary carbon credits will need to increase by 15 times by 2030. 

✯The Taskforce’s goal is to ensure high-integrity carbon credits and transparent, liquid markets. 

✯The report outlines methods for achieving the Taskforce’s goals. 

✯The report aims to drive billions of dollars from those emitting carbon to those removing or preventing its emission. 

Why the report is important:

✯The report helps to support the investment needed to achieve the goals of the Paris Agreement.

✯The report can help to generate investment for climate projects that are urgently needed.

✯The report can help to drive the transition to net zero emissions.