Understanding the Voluntary Carbon Market

“Our carbon credit represents an investment in a carbon project somewhere in the world. So while your paramount interest as an emitter should be to reduce your emissions, parallel path investments in the carbon market, ensure that we can keep as many tons of CO2 sequestered or removed from the atmosphere as possible. If we look at forestry projects, landowners need the financial incentive to keep the trees standing, and the voluntary carbon market is one of the strongest mechanisms for that at the moment. There's no path to 1.5 degrees without protecting and restoring our forests and other natural carbon sinks. So continued investment in carbon projects is imperative.”—Tansy Stobart, VP of Strategy for BMO Radicle.

Michael Torrance, Chief Sustainability Officer, sat down with Tansy to discuss the voluntary carbon market, including some of the latest trends in what the future has in store.

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