NewClimate Institute is partnering with Carbon Market Watch to deliver a set of critical work packages that address key gaps in the evolving landscape of corporate climate pledges and voluntary carbon market activities.
Amidst fundamental shifts in both the governance of global climate action and the rising engagement of private actors to play a role in mitigating the climate crisis, our objective is to develop robust, evidence-based research and advocacy to help facilitate credible, transparent corporate climate action and pledges that are underpinned by an integrous voluntary carbon market.
The project runs until mid-2023 and will engage in a number of initiatives to provide contributions as independent experts to the evolution of corporate climate pledges, with a particular focus on the approach of voluntary actors to address the emissions caused by their activities.
A key aspect of the work, lead by the NewClimate team, is to set up a corporate climate pledge monitor which will shed light on a range of voluntary climate strategies, showcasing ambitious action as well as highlighting where existing commitments fall short. We plan to publish the first report from the monitor in early 2022.