Climate Rising cover image

Climate Rising

The Potential and Challenges of the Voluntary Carbon Market

Jan 29, 2025
Join Nat Keohane, a climate policy expert from the Center for Climate and Energy Solutions, Donna Lee, co-founder of Calix Global specializing in carbon credit ratings, David Victor, UC San Diego professor focused on innovation, and Carolyn Weinberg, formerly with BlackRock. They dive into the complexities of voluntary carbon markets, discussing the challenges of ensuring credible carbon credits, emerging standards, and how businesses can effectively utilize these markets for net-zero goals. Their insights illuminate the intersection of finance, policy, and sustainability.
56:59

Podcast summary created with Snipd AI

Quick takeaways

  • The voluntary carbon market enables companies to purchase emission reduction credits, uniquely operating outside of government regulation to meet climate goals.
  • Concerns about credit integrity highlight the need for stringent standards and transparent benchmarks to ensure quality and reliability in carbon offsets.

Deep dives

Understanding the Voluntary Carbon Market

The voluntary carbon market serves as a platform for private entities, particularly companies, to purchase credits representing verified emissions reductions. These credits can originate from diverse projects such as reforestation, clean energy initiatives, or carbon capture and storage, aimed at enhancing environmental sustainability. The market is distinct from regulated carbon markets, which are enforced by governmental authority, and is primarily driven by companies seeking to achieve climate commitments or respond to shareholder and consumer demands. However, despite reaching a significant market volume previously, the voluntary carbon market remains relatively small compared to the trillions required for comprehensive climate action.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode