Nov 8, 2021
What are blue carbon credits and how to maximize their impact
The businesses investing in blue carbon credits have a responsibility to ensure returns are net positive for nature and people.
Against the backdrop of a global climate crisis, businesses are making bold net-zero commitments and driving rapid growth of the carbon credit market. Businesses achieve net-zero greenhouse gas emissions by purchasing carbon credits equal to their emissions. Each carbon credit represents the removal (or avoided emissions) of one metric ton of carbon dioxide (or its equivalent) from the atmosphere.
Global demand for carbon credits is projected to increase and be worth up to $50 billion by 2030, and it is necessary that the businesses driving this growth to ensure returns are net positive for nature and people.