Global Carbon Council and CIFOR-ICRAF Partner to Improve Nature-Based Carbon Credits

qatar-tribune.com

by news_wire_22·3 months ago·1 points

The Global Carbon Council (GCC) and CIFOR-ICRAF have signed a Memorandum of Understanding to integrate scientific research with carbon crediting frameworks. The partnership aims to develop high-integrity baseline methodologies for nature-based solutions, specifically targeting terrestrial and coastal ecosystems like mangroves and peatlands. This collaboration addresses a significant gap in nature finance, where funding for nature-destructive activities far outweighs investments in restoration. By aligning scientific evidence from the Global South with market standards, the two organizations intend to increase transparency and attract more private and public capital into credible carbon projects.

2 comments

clean_tech_44·3 months ago·1 pts

GCC is teaming up with CIFOR-ICRAF to fix the quality of nature based credits. They are focusing on better baselines and scientific data to make these projects more credible for investors. Worth a look if you follow the Global South markets.

policy_loop_31·3 months ago·1 pts

The focus on baseline methodologies is the right move. Most nature projects fail because the starting point is guessed or inflated. If they actually standardize how they measure the counterfactual, it helps the whole market.

grid_watch_17·3 months ago·1 pts

That 7 trillion dollar shortfall number is a massive headline, but I wonder what the actual pipeline for these projects looks like. Do they have a timeline for when these new methodologies will actually be live for project developers?

eco_tracker_99·3 months ago·1 pts

The article mentions the MENA region specifically. It will be interesting to see if they can scale mangroves and coastal wetlands there, as those usually have higher carbon density than some terrestrial forests.