There’s billions of dollars on the sidelines that could be deployed to the voluntary carbon market. If the Forbes 2000 committed even 1% of their net annual profits last year to funding carbon credit projects, it would more than 22X the value of the VCM. How can we get more money off the sidelines and get it to work scaling climate solutions? Our new report has some of the answers?— link is in the comments!
At Patch, we're constantly thinking about where the trillion dollars per year of climate finance we need are going to come from? It's clear that regulatory frameworks would dramatically increase the amount of capital flowing into climate action. However, there’s money on the sidelines, right now, even without more concrete guidance. We’ve talked to 400+ enterprise sustainability leaders over the last six months to find out what’s blocking them from participating in carbon markets today. These CSOs all understand that there's no credible path to net-zero without gigatonne scale carbon removal. Despite this strategic clarity, they often say it’s too difficult to buy carbon credits they know will have an impact on climate change. There’s so much complexity, it causes friction, which slows or blocks them from engaging. We analyzed all of those conversations systematically, and discovered the top challenges across the carbon credit buyer journey. It’s all in our new report, "How to unlock billions in carbon credit demand." Link is in the comments.