What are carbon offsets and how are they regulated?

What are carbon offsets and how are they regulated?

Carbon offsets are reductions in greenhouse gas emissions, often achieved through projects like reforestation. Regulations vary by country, focusing on verification and reporting standards.

How do I know if a carbon offset project is legitimate?

Look for projects that are certified by recognized standards, such as Verra or the Gold Standard, which ensure transparency and accountability.

What are the benefits of investing in carbon offsets?

Investing in carbon offsets can help mitigate climate change, support sustainable projects, and enhance corporate social responsibility.

Are there any risks associated with carbon offsets?

Yes, risks include the potential for projects to fail, lack of transparency, and the possibility of 'greenwashing' where companies misrepresent their impact.

How can businesses effectively integrate carbon offsets into their sustainability strategies?

Businesses can integrate offsets by assessing their carbon footprint, setting reduction targets, and investing in credible offset projects that align with their values.