As people worldwide grapple with the effects of rising temperatures, companies are under increasing legal, financial, and societal pressure to cut their emissions. Voluntary standards and initiatives for carbon management (VSICMs) are voluntary measures that organizations can use to develop, report, register, or certify certain activities or processes related to climate action. Voluntary Standards and Initiatives for Carbon Management: Navigating the Landscape helps private sector actors understand the different types of VSICMs and how they can help them to advance their carbon management practices. The report also outlines various challenges that have arisen due to the organic evolution of VSICMs and highlights the need for a clear governance framework to promote coordination and alignment across initiatives and enhance the credibility of voluntary efforts.
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