Natural Climate Solutions Alliance’s Post

Conspicuously absent from this Environmental NGO call for “strengthening carbon credits” is WWF. Why? Perhaps it has to do with their public statement early on after Science Based Targets initiative said they were going to allow offsets to count toward SCOPE 3 emissions? See here https://lnkd.in/grD7HtZy. They say, “WWF has long advocated that carbon offsetting needs to be limited in its application to address a small percentage of residual emissions, be bolstered by increased accountability and pursued as part of a holistic and scientifically defined reduction pathway.” Offsets should make up just a “small percentage” of a companies emissions accounting. SBTi has only allowed offsets up to 10%. Some say this should be more like 5%. Yet SBTi Board and funders and the other ENGOs in the post below think the proportion of offsets should be allowed to be much higher. Furthermore, WWF says, “Updated guidance should also address the very real concerns regarding the poor track record of offsets in delivering real emissions reductions and driving market transformation.” Ahhh…but the ENGOs letter are also calling for “higher integrity” credits and markets. Hmmm. Perhaps WWF is in agreement with the need for more “integrity” but perhaps there is disagreement on what this means and how much offsets should be leveaged? Any one from WWF wanna enlighten me?

More groups calling for Science Based Targets initiative to take the middle road. Allowing the sensible use of high integrity carbon credits as part of a decarbonisation plan, alongside rapid emission reduction. Pragmatic, realistic and inclusive.

📉 Nature-based carbon credits are a powerful tool to achieve net-zero emissions, but high-integrity is key. 🤝 We're joining forces with American Forest Foundation Conservation International Environmental Defense Fund The Nature Conservancy Wildlife Conservation Society to call on Science Based Targets initiative to include 5 key guardrails in its review of how carbon credits are used for Scope 3 emissions abatement. 🌿 Our letter stresses how, with proper science- and evidence-based guardrails, carbon credits will speed, not hinder, climate progress at a global scale. Download our letter here: https://lnkd.in/eGXs9ziS #NetZero #CarbonCredits #CarbonCreditStandards

While companies should pursue decarbonizing their own operations and supply chains as vigorously as possible, high quality carbon offsets remain a necessary part of transitions.

Today Rita Hite, the CEO of the American Forest Foundation, joined leaders from several other organizations - including The Nature Conservancy, Environmental Defense Fund, Conservation International, Wildlife Conservation Society, and Fauna & Flora - in writing an open letter to the Science Based Targets initiative expressing their collective support for the limited use of high-quality carbon credits in scope 3 abatement. This letter attempts to find common ground between the various perspectives that have been offered on this topic. I would encourage everyone on all sides of this issue to read this letter, look at the principles enunciated, and see if they represent an effective way both to continue to insist on corporate decarbonization while also mobilizing the climate finance we need IMMEDIATELY to maintain any hope of a 1.5 degree scenario. In brief, those principles include: - Limitation on the type of credits that can be used, so that such credits represent real climate impacts and respect other safeguards - Allowing companies to use credits only for emissions that are clearly unabatable at the moment, and only after following the mitigation hierarchy - Use of credits to address scope 3 emissions must reduce over time - Companies should be more strongly encouraged to use credits for Beyond Value Chain Mitigation (BVCM) as well - Alignment with the Voluntary Markets Integrity Initiative The Climate crisis requires us to think beyond traditional frameworks and find ways to collaborate in solving multiple problems all at the same time, using various and flexible approaches. This letter lays out the pathway for doing just that and I encourage SBTi and its various stakeholders to review, contribute to, refine and ultimately adopt this approach! You can see the letter here: https://lnkd.in/dhYAJyMq

Great to see these important players come out and back the use of high quality carbon credits for scope 3 emissions. Having seen how hard it is to deliver on carbon neutral pledges from the inside you quickly realize that additional options are needed if these goals are ever to be reached. The key is QUALITY. I believe Biochar CDRs are at the top of the list and I am putting my money where my mouth is. #sbti #scope3 #carbonmarket #biochar

One of the most striking quotes from "The Tropical Forest Carbon Integrity" is: "We won’t be able to meet global #climate goals if we approach #forest #conservation in a piecemeal, project-oriented manner. We must shift to larger-scale strategies that align with the #jurisdictional accounting framework called for in the #ParisAgreement and that incentivize improved public #policy and governance at the scales at which drivers of forest loss operate." "Consensus Recommendation: IV. Rapidly shift demand toward credits originating from jurisdictional-scale programs" The Tropical Forest Credit Integrity (TFCI) Guide has been developed for companies interested in purchasing carbon credits in the voluntary carbon market to differentiate among forest carbon credits by impact, quality, and scale. This will help move the market toward credits with high social and environmental integrity. Thank you to the eight authoring organizations: COICA OFICIAL - Coordinator of the Indigenous Organizations of the Amazon Basin, Conservation International, Environmental Defense Fund, IPAM Amazonia - Amazon Environmental Research Institute, The Nature Conservancy, Wildlife Conservation Society, World Resources Institute, WWF

Today is World Environment Day, the United Nations day for encouraging worldwide awareness and action to protect our environment. 💙 One of our pillars is developing projects for environmental protection and conservation, by supporting scientific research and creating awareness-raising activities to inspire people in taking concrete action. This week don’t miss the #OneOceanWeekMilano events focused on exploring environmental conservation topics, which provide a deeper understanding of the extraordinary value of marine ecosystems and the fundamental role each of us plays in protecting them. Check the program: https://lnkd.in/dUJZSk3y #OneOceanFoundation #WeAreAllOneOcean #BlueForest  #WorldEnvironmentDay #OneOceanWeek #OceanWeek #UNWorldOceanDay

Maps are revolutionizing environmental conservation, revealing where our actions will have the greatest impact. Watch this Washington Post Live segment presented by Esri, as Jack Dangermond discusses how maps can help protect people and the planet. Watch: https://ow.ly/A0rC50QqBy1