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Understanding Carbon Credits by EARTHOOD explores the concept, lifecycle, benefits, challenges, and their role in combating climate change, with EARTHOOD ensuring transparency and reliability in carbon markets.
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UNDERSTANDING CARBON CREDITS BY EARTHOOD
What Are Carbon Credits? 1. A carbon credit represents the right to emit one ton of carbon dioxide or an equivalent greenhouse gas. Part of global efforts to mitigate climate change. Common in cap-and-trade systems or voluntary carbon markets. 2. 3.
How Carbon Credits Work Companies or organizations purchase carbon credits to offset emissions they cannot eliminate. Credits are issued for projects like: 1) Renewable energy generation 2) Reforestation 3) Methane capture Enables global carbon neutrality goals.
Challenges and Future of Carbon Credits Challenges: Fraudulent credits and lack of transparency. Need for global standardization. Future: Increased adoption in corporate ESG strategies. Role in achieving net-zero targets. "Join the Carbon Credit Movement – A Step Towards Sustainability!"
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