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.
- 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.
