Daily Archives: May 23, 2021

HOW DOES CARBON OFFSETTING WORK?

Carbon offset projects aim to contribute to lowering global emissions by creating or registering existing negative emission areas or initiatives and trading those positive activity credits to larger polluters. In addition to bringing awareness to emission creating behaviors and facilities of countries, companies and individuals, engaging in carbon offset programs actively support addressing climate change.…

WHAT IS A CARBON CREDIT AND WHERE DO THEY FIGURE IN CLIMATE ACTION?

The Kyoto Protocol, first signed in 1997 and entered into force in 2005, aimed to reduce the global emissions of the six main greenhouse gases: carbon dioxide (CO2); methane (CH4); nitrous oxide (N2O); hydrofluorocarbons (HFCs); perfluorocarbons (PFCs); and sulphur hexafluoride (SF6) (UN, 2012). Each signatory to the agreement was allotted a certain amount of emissions…