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It refers to a credit that a person or organization purchases to make up for its carbon footprint or emissions. Typically, one carbon offset equals one ton of CO2 that has been decreased or removed. Therefore, carbon offsetting entails giving money to a project that can cut emissions. Companies that take CO2 out of the […]

Carbon pricing—putting a price on greenhouse gas (GHG) emissions—is one of the tools available to shape climate strategies and put the world on track to meet the temperature goals of the Paris Agreement. Climate Focus is proud to have worked with experts from The World Bank to develop the 2022 edition of State and Trends […]