According to MSCI ESG Research, “the time remaining until listed companies deplete the emissions budget for limiting global temperature rise this century to 1.5º above pre-industrial levels” was 29 months in May 2024.
Twenty-nine months. That is all we’ve got. There is no time to waste. Companies must use every tool in the toolbox to decarbonize and verifiably reduce or remove GHG emissions from the atmosphere. One such tool is the voluntary carbon market (VCM) which mobilizes climate action and funding through the support of high-quality carbon credits.
The key here is “high-quality.”