ESG Decoded Podcast

Demand Side Developments to Jurisdictional REDD+ Projects | ESG Decoded Podcast #154

Dec 3, 2024
In this engaging talk, Bryan McCann, Senior Director at Climate Impact X and an early leader at the LEAF Coalition, dives deep into REDD+ credits and their vital role in corporate sustainability strategies. He highlights how organizations leverage these credits to meet global climate goals and the importance of accountability in transactions. The discussion also explores the influence of international frameworks like CORSIA and the Paris Agreement, illuminating the challenges and opportunities for emissions reduction through forest conservation.
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INSIGHT

Cost-Effective Climate Change Mitigation

  • Protecting forests and halting deforestation is a cost-effective way to combat climate change.
  • Market-based approaches, like companies buying carbon credits, are crucial for funding rainforest protection.
INSIGHT

Voluntary REDD+ Market Dynamics

  • REDD+ credits were a significant part of the voluntary carbon market, but negative press impacted buyer confidence.
  • Improved credit quality and clearer inclusion in corporate sustainability strategies are key for market growth.
INSIGHT

Trading Jurisdictional REDD+ Credits

  • Jurisdictional REDD+ credits face challenges regarding trading mechanisms and compatibility with Article 6 of the Paris Agreement.
  • The debate revolves around how these credits can be used in compliance markets like Singapore's carbon tax.
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