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.
Get in touch
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 reforming the voluntary carbon market. It operates on a non-profit basis and is fully funded by grants and donations.
Compensate Operations Ltd. provides high-integrity offsetting services mainly for companies and other organizations. It was previously fully owned by the Compensate Foundation, but as the business and the voluntary carbon market have evolved, the Ltd. has become a privately owned enterprise.