Carbon markets, REDD+ and land preservation, rehabilitation and enhancement projects: When is the supply credit crunch due, and what are the solutions?
13:30 - 14:30
According to estimates by the Taskforce on Scaling Voluntary Carbon Markets, the demand for carbon credits could increase by a factor up to 100 by 2050. The explosion in demand and constrained supply places significant price pressure on the voluntary carbon market. Although skyrocketing carbon prices do incentivise companies to focus on emission reductions, carbon offsets can and do play a crucial role in decarbonising the global economy. In this session our expert panellists will discuss the impending supply credit crunch and the solutions available to develop the scaled, credible, transparent and verifiable carbon market the world needs.