Carbon Direct
2024 State of the Voluntary Carbon Market
The Carbon Direct State of the Voluntary Carbon Market report examines the key trends and developments shaping the voluntary carbon market, with a focus on carbon dioxide removal. Key insights: Changes in policies, buyer preferences, and supply constraints are transforming the voluntary carbon market. Understanding the significance of quality in… Read More
2024 Criteria for High-Quality Carbon Dioxide Removal
Since the release of the first Criteria for High-Quality Carbon Dioxide Removal in 2021, Carbon Direct and Microsoft have been at the forefront of establishing science-based guidance for high-quality carbon removal.The 2024 edition reflects the continued evolution of the science and practice of carbon dioxide removal. The revised Criteria applies… Read More
A CDR Buyer’s Guide to Evaluating Quality in the Voluntary Carbon Market
Take climate action by hearing carbon removal diligence and procurement insights, informed by new climate research, by attending the Microsoft and Carbon Direct webinar. Read More
Opportunities for Ecological Restoration on the Voluntary Carbon Market
Climate leaders are integrating co-benefits like ecological restoration into their net-zero strategies. A new Carbon Direct report, written in collaboration with Meta, aims to build the supply of high-quality carbon removal projects that promote biodiversity. The priorities and incentives of effective carbon dioxide removal and ecological restoration projects aren’t always aligned. This has led to a shortage of high-quality carbon removal credits that deliver these co-benefits. Read More
Future-Proof Carbon Removal Strategies That Make an Impact
Carbon removal—especially durable solutions—will be increasingly essential to meet global climate targets, but today’s voluntary carbon market lacks the supply of high-quality, durable solutions needed to meet climate goals. Read More
Criteria for High-Quality Carbon Dioxide Removal
The Criteria for High-Quality Carbon Dioxide Removal provides a set of science-based benchmarks for the development of carbon dioxide removal projects that can be used by stakeholders across the industry to drive just, effective climate action at scale. Developed through a collaboration between Microsoft and Carbon Direct, the 2023 edition of the Criteria incorporates both the latest science and equity considerations to advance the common definitions for high-quality carbon dioxide removal solutions and expand on the practical applications of environmental justice. Read More
The State of the Voluntary Carbon Market
Limiting global warming to 1.5 ºC above pre-industrial levels requires significant carbon reductions and 6 to 10 billion tonnes of carbon dioxide removal per year by 2050. The voluntary carbon market (VCM) is a key mechanism to scale those solutions. The 2023 edition of the State of the Voluntary Carbon Market report from Carbon Direct provides carbon credit buyers, carbon project developers, and policymakers with an analysis of key trends and market developments. Read More
