βReform or go out of business,β carbon offsetting industry told
Study finds carbon credits could raise billions for climate action but only with changes, such as rigorous standards
The carbon-credit market must reform or βgo out of businessβ, leading scientists have concluded in an international review of the offsetting industry.
The market for carbon offsets shrank dramatically last year after a series of scientific and media reports found many offsetting schemes had little environmental impact.
Continue reading...Β© Photograph: Guy Bell/Rex/Shutterstock
Β© Photograph: Guy Bell/Rex/Shutterstock