The first auction of nature-based carbon credits could reshape VCM in 2025

As more and more companies work to reduce their carbon footprints, there is an urgent need for upfront funding to implement nature-based carbon projects that meet global climate goals. Nature-based solutions that use natural ecosystems such as forests to sequester carbon have significant potential but remain underfunded.

Currently, only 1.2 % of the annual potential of these solutions has been used through the Voluntary Carbon Market (VCM). This lack of investment is a key obstacle to achieving climate change mitigation goals and keeping the global temperature rise below 1.5°C. (Jennifer L, more at carboncredits.com)