Scaling Voluntary Carbon Markets: A Playbook for Corporate Action

The document argues that the voluntary carbon market (VCM) is a critical tool for mobilizing private finance for nature-based solutions and augmenting decarbonization efforts to reach net zero. However, it notes that recent market growth has led to concerns regarding corporate greenwashing, emphasizing that trust and integrity are essential for the market to function properly.

• The voluntary carbon market (VCM) is identified as a significant mechanism for accelerating high-impact climate action, protecting nature, and supporting the energy transition toward net zero.
• Rapid growth in the VCM has created risks regarding the potential for corporations to use the market for greenwashing.
• The VCM is a vital instrument for securing private funding for natural climate solutions, provided that the market maintains high levels of trust and integrity.

APA

World Economic Forum (2023). Scaling Voluntary Carbon Markets: A Playbook for Corporate Action. https://www.weforum.org/publications/scaling-voluntary-carbon-markets-a-playbook-for-corporate-action/

Chicago

World Economic Forum. Scaling Voluntary Carbon Markets: A Playbook for Corporate Action. 2023. https://www.weforum.org/publications/scaling-voluntary-carbon-markets-a-playbook-for-corporate-action/.

Wikipedia

{{cite report |author=World Economic Forum |title=Scaling Voluntary Carbon Markets: A Playbook for Corporate Action |date=13 September 2023 |url=https://www.weforum.org/publications/scaling-voluntary-carbon-markets-a-playbook-for-corporate-action/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2023scaling, author = {{World Economic Forum}}, title = {{Scaling Voluntary Carbon Markets: A Playbook for Corporate Action}}, institution = {World Economic Forum}, year = {2023}, month = sep, url = {https://www.weforum.org/publications/scaling-voluntary-carbon-markets-a-playbook-for-corporate-action/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }