Applying the equality SDGs to the VCM
Here are some key takeaways
Carbon projects have the potential to contribute towards the equality-focused SDGs (SDG 4, 5, & 10); however, they are not commonly claimed in the VCM. Of all credits issued between 2015 and 2023, less than 20% claim SDG 4, 5, &/or 10.
Few of the SDGs 4, 5, & 10 indicators are fairly applicable in the VCM. Only 13% of indicators are scalable from the country to the project level and are strong measures of their respective goals.
Credits with SDGs 4, 5, & 10 claims don’t tend to lead to price premiums compared to credits without claims. This may be due to the lack of applicable SDGs 4, 5, & 10 indicators to the VCM.
Improvements in data reporting for SDGs 4, 5, & 10 claims could increase their robustness.
SDGs 4, 5 & 10 claims are not popular in the VCM
Some indicators of SDGs 4, 5 & 10 are applicable to the VCM
SDGs 4, 5, & 10 claims have minimal to no impact on credit price