Advancing effective and equitable crediting of natural climate solutions
Natural climate solutions, or NCS, are activities to protect, restore, or enhance ecosystems in terms of their ability to remove or sequester carbon. They can deliver about one third of the greenhouse gas emissions reductions needed this decade to achieve key climate goals. Implemented well, they also provide benefits for people and nature. Crediting of NCS mitigation is a powerful way to unlock this potential–but it is also controversial. The global conversation among actors with diverse views on this new and rapidly evolving topic can be challenging to follow.
High-integrity NCS crediting has the potential to equitably enhance global climate mitigation efforts at the ambitious scale needed to meet the urgent climate challenge. The NCS Crediting Handbook and Briefing Series will guide readers through the main considerations necessary to unlock this potential.
By clarifying essential terms and concepts underpinning NCS carbon crediting, highlighting solutions to technical challenges, and providing informed framing to help newcomers understand prominent ongoing debates, the NCS Crediting Handbook and Briefing Series seeks to provide the reader with a clear introduction to the world of NCS crediting, and an impartial, accessible guide to support their decision making.
Mitigating Credit Transaction Risk Through Contract DesignThis briefing note discusses the specific design of NCS carbon credit agreements with a focus on identifying risks embedded in these transactions and opportunities for managing those risks. Read the paper.