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Carbon offsetting goes mainstream as producers set sights on net-zero
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The Voluntary Carbon Offset Market – Can We Support Rapid Growth?
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Net Zero Nature: Can business and nature join forces in the climate fight?
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Aerial view of mangrove forest in Gambia
Just a couple of decades ago, the notion of a major company investing in nature might have seemed absurd – today it is mission critical to the future of the economy
In recent years an increasingly popular school of thought has sought to bang the drum for humanity as a fundamental force for good, in a bid to dispel what its proponents view as the corrosive influence of fatalism on society. A constant stream of negative news risks giving rise to hopelessness and nihilism, it is argued, which benefits nobody and undermines efforts to tackle the very real problems the world still faces.
DeSmog
Jan 22, 2021 @ 05:41
Many of the world’s most polluting companies are being handed a “get out of jail free” card by being invited to shape a scaled-up offsetting market, campaigners claim.
The Taskforce on Scaling Voluntary Carbon Markets is due to publish its “roadmap for implementation” on Wednesday, four months after it was launched by former Bank of England Governor Mark Carney, who is now a UN Special Envoy for Climate Action and Finance.
Carney’s group wants to hugely scale up the existing market, making it “large, transparent, verifiable and robust”. This, it claims, will help private corporations meet the UK’s net zero target by 2050, in line with Paris Agreement targets to limit the worst impacts of climate change by restricting global warming to 1.5C or “well below” 2C.
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