What are the main challenges of offset projects?
Offset projects often face challenges like verification issues, additionality concerns, and market volatility.
Can you explain what verification issues mean?
Verification issues refer to the difficulty in confirming that the claimed carbon offsets are real and measurable.
What does additionality mean in this context?
Additionality means that the offset project must result in carbon reductions that wouldn't have happened without the project.
How does market volatility affect these projects?
Market volatility can impact the price and demand for carbon credits, making it hard for projects to secure funding.
Are there any successful examples of offset projects?
Yes, there are successful examples, such as reforestation projects that have significantly reduced carbon emissions.
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