Nature-Deployed Environmental Credit Generating Companies Announce Reykjavik Protocol, Addressing Risks in Carbon Markets
This first-of-its-kind set of principles, known as the Reykjavik Protocol , provides a framework for nature-deployed environmental credit suppliers across the industry that is intended to evolve with the market.
- This first-of-its-kind set of principles, known as the Reykjavik Protocol , provides a framework for nature-deployed environmental credit suppliers across the industry that is intended to evolve with the market.
- This summit was the first time nature-deployed environmental credit suppliers, who are primarily operating in the carbon removal space, have convened to specifically address the structural risks that represent barriers to scale for the industry.
- Carbon dioxide removal (CDR) plays a pivotal role in addressing the urgent global challenge of climate change.
- The founding signatories invite interested parties engaged in the environmental credit space - suppliers and non-suppliers alike - to sign onto the Protocol.