Net-Zero Through CDR: Demand, Supply, and the Role of the VCM
As corporate and government net zero commitments draw near, more investment and demand for CDR solutions – across both nature and technology – are set to grow. How is the Voluntary Carbon Market (VCM) evolving to meet the net zero challenge?
- What’s the current state of the VCM (late 2024)? Is it fair to consider VCM at an “Inflection Point” in its evolution?
- What role is VCM now playing in driving CDR vs. the role it must play to reach net zero?
- Why is there growing attention paid to CDR “portfolio approaches”? What’s driving the portfolio approach model, and how might these be structured?
- What specific insights can be shared on incorporating nature (soil, forest) carbon into buyer portfolios, and how effective is MRV for these types?
- What’s the current state of the VCM with respect to CDR across project and buyer types? What about geographic trends?
- What actions are being taken – or should be taken – by stakeholders across the CDR market to restore trust and build liquidity?
- Various net zero and VCM integrity ‘meta-standards’ are underway. How are these progressing, and what should we watch through 2025? Why do these efforts matter for outlooks on CDR planning & investment activities by corporates?
- How are compliance carbon markets influencing VCM evolution in North America? Will CDR become more compliance-driven in California and beyond (if so, when)?
Session Chair
Katie Sullivan - Managing Director, IETA
Confirmed Speakers
Carl Berglund - Co-Founder & CCO, Nordbex
Ida Hempel - Vice President, Galvanize Climate Solutions
Shannon Smith - Chief Commercial Officer, Chestnut Carbon
Toby Janson-Smith - Chief Program Development & Innovation Officer, Verra