Achieving the Paris climate targets will require a profound global transformation, in which the private sector also has a key role to play. In this context, the Contribution Claim Model is increasingly coming into focus as an alternative to conventional carbon offsetting. While many companies have primarily purchased carbon credits to offset their own emissions – often to make claims about carbon neutrality – the Contribution Claim Model offers a different approach: it enables companies to take responsibility for their emissions by promoting climate action outside their value chains, without using the emission reductions achieved to offset their own emissions.
To promote the wider application of the approach, the Wuppertal Institute is supporting the German Corporation for International Cooperation (German: Deutsche Gesellschaft für Internationale Zusammenarbeit, or GIZ for short) in implementing the self-initiated measure on contribution claims. The project aims to further develop the model as a new, innovative financing mechanism and to test its implementation in partner countries. This should enable the private sector to participate in the promotion of transformative climate projects in developing countries. The researchers at the Wuppertal Institute are accompanying this process both with conceptual work and by supporting its practical implementation. This is to ensure that the latest scientific findings are directly incorporated into the design and implementation of the piloting activities.
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