Carbon offsets: A necessary tool, but only under close scrutiny and precise conditions

AXA
By September 16, 2021 11:42

Carbon offsets: A necessary tool, but only under close scrutiny and precise conditions

If the world is going to limit global warming to +1.5°C from pre-industrial times, as set out in the Paris Agreement, global carbon emissions need to hit net zero by 2050. Every company will have a unique pathway as they contribute to that goal. Absolute emissions reductions will be the cornerstone, driven by operational adaptations and the deployment of existing and new technologies, but as the transition moves ahead, there remains a crucial place for carbon offsetting – where organisations compensate for emissions by buying carbon credits from certified emissions reduction projects. 

AXA
By September 16, 2021 11:42

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