It is the positive carbon value of this protected land that functions both as a potential revenue stream for the inhabitants or administrators of the area, as well as an opportunity for the international community to encourage emitters to begin, or continue, the journey towards becoming carbon neutral. As will be demonstrated, the myriad of…
Carbon markets have emerged as a way for companies that cannot immediately reduce their carbon footprint (generally due to the nature of their business) to contribute to climate mitigation efforts. This means that while a company works towards developing procedures that help to bring them closer to net zero emissions, they can demonstrate solidarity with…
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.…
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…