As corporate net zero targets have become increasingly mainstream, a growing number of companies have turned to carbon credits to help meet their commitments, especially those from natural climate solutions like reforestation and avoided deforestation. Carbon credits have a role to play in the climate transition, guardrails are critical. We work with investors to increase corporate disclosure on the use of carbon credits and ensure that:Â
Companies use credits to raise the ambition of their climate commitments, not as a substitute for rapid and deep decarbonizationÂ
Companies invest in high-quality carbon projects with appropriate social and environmental safeguards. Â
We support investors through our networks and global engagement initiatives to engage with companies on their climate strategies and carbon credit use. We play a central role in promoting the highest standards for climate commitments.  Â
