Andrew Steer, Craig Hanson
More than 1,500 companies have committed to net-zero emissions by mid-century, as have 11,000 cities and at least $9 trillion in private assets under management. This raises crucial questions as to how much offsetting of carbon can take place in mid-century and, more importantly, how much can take place on the path to get there. The January 2021 report of the Taskforce on Scaling the Voluntary Carbon Market suggested a market of 1-5 Gigatons of CO2e by 2030, with perhaps two-thirds directed at Nature Based Solutions (NBS), meaning that tens of billions of dollars of investment in NBS are potentially at stake.
https://www.wri.org/news/corporate-financing-nature-based-solutions-what-next
