Common ground: Credibly funding beyond value-chain climate action

A coalition of individuals and organizations argues that a clear, implementable model for funding beyond value-chain climate action already exists to support the global transition to net zero emissions. The proposed framework requires companies to prioritize their own decarbonization along a 1.5C° trajectory and follow five specific steps: calculating and disclosing GHG footprints (scopes 1, 2, and 3), determining a dedicated budget, conducting due diligence for a high-impact portfolio, financing those initiatives, and maintaining public transparency by separating these funds from internal efforts.

• The signatories assert that a credible alternative model for financing climate action outside of company value chains already exists and is characterized as "clear, simple, implementable and easily communicable."
• To credibly fund beyond value-chain climate action, companies must first prioritize their own decarbonization in alignment with a 1.5C° trajectory.
• The proposed model for beyond value-chain funding consists of five essential steps: calculating and disclosing scope 1, 2, and 3 GHG footprints; setting a budget (via internal carbon pricing or revenue shares); performing due diligence to select impactful initiatives; providing the finance; and publicly communicating these steps while distinguishing them from internal decarbonization.

APA

Carbon Market Watch (n.d.). Common ground: Credibly funding beyond value-chain climate action. https://carbonmarketwatch.org/wp-content/uploads/2025/03/Common-ground_-credibly-funding-beyond-value-chain-climate-action-7March.pdf

Chicago

Carbon Market Watch. Common ground: Credibly funding beyond value-chain climate action. n.d. https://carbonmarketwatch.org/wp-content/uploads/2025/03/Common-ground_-credibly-funding-beyond-value-chain-climate-action-7March.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Common ground: Credibly funding beyond value-chain climate action |url=https://carbonmarketwatch.org/wp-content/uploads/2025/03/Common-ground_-credibly-funding-beyond-value-chain-climate-action-7March.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatchndcommon, author = {{Carbon Market Watch}}, title = {{Common ground: Credibly funding beyond value-chain climate action}}, publisher = {Carbon Market Watch}, url = {https://carbonmarketwatch.org/wp-content/uploads/2025/03/Common-ground_-credibly-funding-beyond-value-chain-climate-action-7March.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }