This FAQ refers to Gold Standard's work with companies on Beyond Value Chain Mitigation What role will carbon credits play in Beyond Value Chain Mitigation?
BVCM opens new potential markets for carbon credits. The approach outlined in our report has the potential to unlock over $20 billion funding from the world’s top 250 companies alone. While carbon credits do not need to be the entirety of a BVCM strategy, and other options such as funds, R&D and more exist, high impact credits are a practical and effective tool to finance climate action and sustainable development impacts.
Carbon credits should not be used as substitutes for value chain emission reductions to avoid the possibility of companies using carbon credits to defer the difficult changes to their business model that may be necessary for reaching a net zero world.
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