A new approach to valuing the carbon storage potential of natural habitats aims to help restore faith in offset schemes, by enabling investors to directly compare carbon credit pricing across a wide range of projects.
A new approach to valuing the carbon storage potential of natural habitats aims to help restore faith in offset schemes, by enabling investors to directly compare carbon credit pricing across a wide range of projects.
Current valuation methods for forest conservation projects have come under heavy scrutiny, leading to a crisis of confidence in carbon markets. This is hampering efforts to offset unavoidable carbon footprints, mitigate climate change, and scale up urgently needed investment in tropical forest conservation.
Measuring the value of carbon storage is not easy. Recent research revealed that as little as 6% of carbon credits from voluntary REDD+ schemes result in preserved forests. And the length of time these forests are preserved is critical to the climate benefits achieved.
Read more at: University of Cambridge
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