Reduce carbon impact, meet sustainability goals & drive clean energy innovation. Learn about carbon credits & offsetting for 1.5°C global warming target.
The Paris Agreement, signed in 2015 by 196 countries, set the goal of limiting global warming to well below 2 degrees Celsius (3.6 Fahrenheit) and pursuing efforts to limit the temperature increase to 1.5 degrees Celsius (2.7 Fahrenheit). With the Earth's temperature already having risen by 1 degree Celsius (1.8 Fahrenheit) since the pre-industrial era, this is an ambitious target that will require significant efforts from governments, businesses, and individuals.
Carbon credits and carbon offsetting play a critical role in achieving this goal by helping to reduce the amount of carbon dioxide and other greenhouse gases in the atmosphere. Carbon credits are essentially permits that allow companies to emit a certain amount of carbon dioxide. Companies can buy and sell these credits on a market, which creates an incentive to reduce emissions and invest in clean energy.
Carbon offsetting, on the other hand, allows companies to offset their emissions by investing in clean energy projects, such as wind and solar power, or in programs that reduce emissions, such as reforestation and the preservation of wetlands. The idea behind carbon offsetting is that, by reducing emissions in other parts of the world, companies can effectively "cancel out" the emissions that they are producing.
By investing in carbon credits and offsetting programs, companies can reduce their carbon footprint, demonstrate their commitment to sustainability, and contribute to global efforts to limit warming to 1.5 degrees Celsius (2.7 Fahrenheit). Furthermore, these programs also help to drive innovation and investment in clean energy and other environmental solutions, which is critical to creating a more sustainable future.
To sum up, carbon credits and carbon offsetting offer a powerful tool for companies looking to reduce their impact on the environment and contribute to global efforts to limit warming to 1.5 degrees Celsius (2.7 Fahrenheit). By investing in these programs, companies can demonstrate their commitment to sustainability, reduce their carbon footprint, and help to drive innovation and investment in clean energy and other environmental solutions.