This paper sets out New Forests’ position on addressing quality and integrity in the development and use of carbon credits. This statement addresses our views on supply-side integrity, i.e. that carbon credits deliver the emissions reduction they claim to represent, and demand-side integrity, i.e. that the purchaser of the carbon credit is using it as part of a credible strategy in line with achieving the goals of achieving the Paris Agreement. Our position is based not only on our current understanding and assessment of global best practice and stakeholder expectations, but also our own beliefs around what comprises quality and leads to positive impact, given our many years of experience investing in sustainable forestry, land and carbon markets.