Intengine has launched it’s Carbon Markets and Carbon Offsets’ white paper. It serves as a guide for carbon markets and carbon offsetting programs for business leaders that support a green recovery.
Download the white paper at https://bit.ly/IntengineCarbonOffsetsWP.
The guide highlights how 2021 can be an opportunity for socially responsible businesses to build back better in the economic recovery post-COVID. For businesses with a corporate social responsibility (CSR) plan, introducing a carbon offset plan presents an opportunity to improve their net emissions.
Carbon offsets are a popular tool used by businesses, organizations, and governments to reduce climate-harming greenhouse gas emissions in the atmosphere. However, navigating the carbon offset world can seem complicated as policies governing carbon markets change often, and the standards regulating offset project quality can get technical. Intengine’s ‘Carbon Markets and Carbon Offsets’ white paper helps readers better understand and approach the carbon market. Read more about the white paper here https://intengine.com/articles/post/restart-2020-strong-with-an-informed-csr.
Carbon offsets and credits are synonymous terms for a market-based tool that allows an entity to counteract the greenhouse gas (GHG) emissions released from an activity. A business that wants to offset GHG emissions from an activity, such as company flights, can purchase an amount of carbon offsets that remove or prevent an equivalent amount of GHG emissions elsewhere.
Carbon offsets are generated by developing projects that facilitate GHG emissions prevention, such as forest conservation or renewable energy projects. Carbon offsets are also generated through projects that remove GHG emissions, such as tree planting or carbon sequestration technology.
The carbon market trades carbon credits between those that are reducing emissions and those that are generating emissions. Project developers sell their offsets either directly to the final buyers or through brokers and resellers. Where the funds go from an offset purchase depends on what phase the project is in and the costs and resources associated with that project. When offsets are resold, the offset reseller will take a margin of the profits from the sale.
For more information about Intengine or to list your business on its website, visit https://bit.ly/ListOnIntengine.
Release ID: 88990989