This report was commissioned by the Conference of Great Lakes St. Lawrence Governors and Premiers... more This report was commissioned by the Conference of Great Lakes St. Lawrence Governors and Premiers (GSGP) and is part of the Great Lakes Impact Investment Platform Research Series. GSGP and its partners launched the Platform and its Research Series to help position our region as a global destination for investments that boost climate resilience, reduce emissions and create other benefits. This report explores the region's potential to attract investments through the voluntary carbon markets to store carbon in nature-based solutions like trees, underground through geologic storage and other emerging techniques. Historically, our region has been a hub for innovation and forward-looking policy. As a result, our region is positioned in a central role to assist companies, governments and others work to meet their carbon reduction goals through carbon offset markets. Voluntary carbon markets are expected to grow dramatically in the years ahead, and combined with our region's distinctive natural resources, this represents a tremendous environmental and economic opportunity. Together, we must seize this opportunity to create lasting benefits for the environment, the economy, and the people of the region. We thank the Global CO 2 Initiative and the University of Michigan students for their exceptional work and important contributions toward our shared goals.
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