It is only with a functioning market that we can raise ambition from the private sector. The knowledge that funding can be delivered effectively, efficiently and at scale to mitigate the worst effects of climate change should unlock a torrent of ambition. We should also take pride in what is being accomplished with a viable market: Millions of hectares of forest have been protected from deforestation and degradation, millions of dollars have landed in marginalized communities for adaptation and resilience, thousands of jobs have been created, hundreds of roadside dumps have been closed and countless people are now gathering less fuel for cooking. These are just a few of the examples of the impact a healthy voluntary carbon market can have that I’ve seen firsthand. So please don’t kill ambition – let’s raise it!
