A Guide to Climate Contributions: Taking Responsibility for Emissions

The NewClimate Institute's guide introduces the 'climate contribution' approach, which encourages companies to provide financial support for climate action outside their own value chains as a complement to, rather than a replacement for, direct emission reductions.

• Climate contributions are defined as financial support provided by an organization for climate action outside its own value chain. This approach explicitly prohibits claiming that these contributions offset or neutralize actual emissions and serves as a complement to, not an alternative for, reducing a company's own climate footprint.
• The guide argues that current corporate practices, specifically the use of low-cost carbon credits to offset emissions, are failing to drive the structural change needed to prevent the most dangerous effects of global warming and may even hinder decarbonization progress.
• The climate contribution approach is designed to incentivize companies to cut their own emissions while enabling climate action in areas where public finance is lacking, helping businesses become more resilient in a carbon-constrained global economy.

APA

NewClimate Institute (2023). A Guide to Climate Contributions: Taking Responsibility for Emissions. http://www.newclimate.org/resources/publications/a-guide-to-climate-contributions-taking-responsibility-for-emissions

Chicago

NewClimate Institute. A Guide to Climate Contributions: Taking Responsibility for Emissions. 2023. http://www.newclimate.org/resources/publications/a-guide-to-climate-contributions-taking-responsibility-for-emissions.

Wikipedia

{{cite report |author=NewClimate Institute |title=A Guide to Climate Contributions: Taking Responsibility for Emissions |date=5 July 2023 |url=http://www.newclimate.org/resources/publications/a-guide-to-climate-contributions-taking-responsibility-for-emissions |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2023guide, author = {{NewClimate Institute}}, title = {{A Guide to Climate Contributions: Taking Responsibility for Emissions}}, institution = {NewClimate Institute}, year = {2023}, month = jul, url = {http://www.newclimate.org/resources/publications/a-guide-to-climate-contributions-taking-responsibility-for-emissions}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }