World Vision Carbon Programming Benefit Sharing Guidance

Using carbon markets to fund community-based projects presents a great opportunity to contribute to long-term sustainable child well-being outcomes for the most vulnerable communities. Our field-based evidence shows that carbon projects have significant potential to contribute to child well-being, on the condition that the projects seek to generate economic, social and environmental benefits for the most vulnerable communities. However, carbon markets have been under intense scrutiny in recent years, with issues related to the integrity of carbon credits produced (e.g., additionality, over-crediting) and the claims made by organisations that buy them (e.g., carbon neutrality). Therefore, organisations like World Vision must develop projects that deliver social, economic and environmental impact of the highest integrity when they generate carbon credits. This Guidance Note provides World Vision's approach to carbon-based programming.