Business - 04/June/2021

Carbon offsets can send emissions reductions efforts off course

Offsetting emissions is fraught with problems and critics fear these programmes could distract from the real goal of keeping fossil fuels in the ground

Plans to plant and protect trees and an initiative to scale up voluntary carbon markets could result in missed climate targets

POPULAR PLAN Offset programmes are becoming a popular way for businesses to claim progress in reducing emissions from their activities

CALCULATION CONCERN Quantifying the level of emissions offset by nature-based solutions is still not an exact science

KEY QUOTE In principle, offsets can be an effective strategy to reach the goals of the Paris Agreement… although there can be big challenges when it comes to implementation ...

 

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