The Climate Board has aggregated our publications on the carbon market as a resource for sustainability leaders and executives on carbon market governance, carbon credit types, and market trends to support them in their strategy regarding carbon credits.

Carbon Market Governance: This educational report on carbon markets provides a comprehensive overview of carbon market governance and regulation. It explores the roles of global standard setting bodies, carbon credit verification standards, and regulatory processes in key regions like Canada, the United States, and the European Union. The report aims to help readers understand the complex governance landscape of carbon markets. By examining current practices and trends, it offers insights into the future of carbon market monitoring and regulation.

Corporate Engagement with Voluntary Carbon Market Claims – Findings & Recommendation: Research from The Climate Board shows strong corporate demand for carbon credits to help achieve climate targets, but key challenges around credibility and standardization must be addressed. 93% of companies surveyed with Scope 3 emissions goals face major difficulties meeting them. However, 70% believe carbon credits could enhance their climate strategies. The report informed recent Voluntary Carbon Markets Integrity Initiative updates providing guidance on limited credit usage to supplement internal reductions. There is great potential if issues regarding quality assurances and transparency can be resolved to enable credits to play a pivotal role per the Paris Agreement while benefiting communities.

Carbon Pricing FAQ: This offers insight into carbon pricing schemes, internal carbon pricing for business, and carbon credit pricing through a question-and-answer format. It offers readers a high-level understanding of what carbon pricing is and how it can be used to reduce global GHG emissions.

Carbon Market Growth Update: The carbon market is currently experiencing a critical transition, characterized by dual dynamics of progress and criticism. On the supply side, significant strides have been made in building market credibility, with enhanced mechanisms aimed at improving the environmental integrity of carbon credits. These developments have generated cautious optimism among market participants and observers. Conversely, the demand side continues to face substantial challenges. Market participants are grappling with inconsistent regulatory frameworks, divergent stakeholder priorities, and ongoing scrutiny from media and environmental watchdogs. These factors create a nuanced and sometimes uncertain landscape for carbon credit transactions. The report aims to offer readers a holistic understanding of the current carbon market ecosystem, illuminating both the challenges and the promising developments that will shape environmental markets in the coming years.

The Role of Carbon Offsets in Corporate Decarbonization: Finally, this report will help sustainability decision makers who have just begun to explore carbon offsetting and other business leaders who find themselves tasked with evaluating a carbon offset strategy. The report includes a primer on how offsets work and why they matter, three possible trajectories for incorporating carbon offsets into a company's strategy, and a look at the future of voluntary carbon markets.  If you have any questions on this research or want additional support in developing your renewable energy strategy, email us at research@theclimateboard.com.