90% of carbon capture projects fail our criteria – but why?
In early 2020, Compensate developed its project evaluation criteria together with its Scientific Advisory Panel, covering climate integrity, community wellbeing and biodiversity. With this criteria, Compensate challenges the offsetting field and its current standards.
Now, Compensate's white paper, Reforming the Voluntary Carbon Market, reveals what a year of working with the criteria has shown us about the current state of the voluntary carbon market.
- What is the current state of the voluntary carbon market?
- What are the most common flaws in carbon capture projects?
- What can all stakeholders do better?
To truly fight climate change, we need carbon capture. But it is only useful if done well: this white paper outlines where that works needs to start.
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Reforming the Voluntary Carbon Market
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Compensate is on a mission to combat climate change by offering everyone easy access to highest quality carbon projects. If you want to take climate action as a business, or if you work with a project that takes care of carbon, get in touch with our team and let's see how we can work together!
This white paper is published by the Compensate Foundation, which focuses on advocacy work to improve the integrity of the voluntary carbon market. Compensate Foundation fully owns Compensate Operations Ltd, which offers businesses and individuals easy access to high-quality carbon projects.