Carbon Offsets

Carbon offsets are a mechanism to mitigate greenhouse gas emissions by investing in projects or activities that reduce or remove an equivalent amount of carbon dioxide (CO2) or other greenhouse gases from the atmosphere.

These projects can include activities such as reforestation, renewable energy projects, methane capture, or energy efficiency initiatives.

The idea is that by compensating for one’s own carbon footprint through the purchase of offsets, individuals, companies, or governments contribute to global efforts to combat climate change. Offsets are often traded on carbon markets, providing a financial incentive for projects contributing to emissions reduction and sustainable development.