The Untapped Potential of Great Green Wall Voluntary Carbon Market Projects 2024

Page 23 of 31 · WEF_The_Untapped_Potential_of_Great_Green_Wall_Voluntary_Carbon_Market_Projects_2024.pdf

Recommendation 5 Improve transparency, information sharing and learning across all stakeholders Information gaps remain across the carbon market sector. The VCM can thrive if these gaps are addressed. Investors, community members, national governments and project proponents must maintain a high level of transparency and information sharing to strengthen market conditions. There is room for a more structured approach to information-sharing among supply-side and regulatory actors to build capacity, knowledge, strategy and generally mitigate asymmetrical information and power between investors and supply-side actors, including local communities. The risks associated with this imbalance include investors disproportionately benefiting due to insufficient scrutiny of how government and donor funding is applied to private sector investment opportunities. This could hinder the establishment of price expectations that accurately reflect the costs of risk mitigation and the full functionality of high-quality, integrity-driven carbon projects. Investors require clear visibility of the opportunities, risks, costs and potential returns of working within the region. All stakeholders along the value chain need better visibility into viable financial structures and current per-tonne carbon investment prices. Image credit: Tree Aid The Untapped Potential of Great Green Wall Voluntary Carbon Market Projects 23
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