1 carat of diamond 💎 = 20 carbon credits Co2 a tree will absorb in 40 years 🌳 = 1 carbon credit Driving a passenger vehicle for 1 year 🚗 = 4.6 carbon credits A 5-night, ~1,200mile cruise 🛳 = 0.5 carbon credit These insights illustrate the use of carbon credits as a mechanism to…
Photo from European Commission What is The Carbon Border Adjustment Mechanism(CBAM)? Climate change is a problem that requires solutions on a global scale. With the EU increasing its climate ambition, there is a risk of ‘carbon leakage’ as long as less strict climate policies are present in many non-EU countries. Carbon leakage can occur when…
Voluntary Carbon Marketplace (VCM) provides multitude of ways for companies to offset their unavoidable carbon emissions. With so many options available, how do you know which carbon credit projects are the best fit for your company? Here is a guide to make that decision easier.
Climate change is one of the biggest challenges facing our planet, and carbon emissions are a major contributor to this problem. To combat this issue, many organizations and individuals are taking steps to achieve carbon neutrality. Carbon neutrality means that an entity’s net carbon emissions are zero, meaning that they have balanced the amount of carbon they emit with an equivalent amount of carbon removal or offsetting. Achieving carbon neutrality requires effort, but it is an important step towards protecting our planet and ensuring a sustainable future. Here are the five steps to achieve carbon neutrality.
Carbon Market and the Kyoto Protocol Carbon markets are trading systems in which carbon credits are sold and bought. The emergence of carbon market can be traced back to the adoption of the Kyoto Protocol in 1997. The Kyoto Protocol was an international agreement to reduce greenhouse gas emissions in industrialized countries.
Introduction Reducing greenhouse gas emissions has become a global priority in recent years, and the voluntary carbon marketplace plays an important role in achieving this goal. In this article, we will explain what the voluntary carbon marketplace is and the benefits it offers to enterprises participating in voluntary carbon marketplace. What is Voluntary Carbon Marketplace(VCM)? …
BSI’s annual Net Zero Barometer Report shows that almost half (49%) of UK senior decision makers are prioritising growth in their organization while one in five (20%) are prioritizing the reduction of carbon emissions.
