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.
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