Carbon offsets used by major airlines based on flawed system, warn expertsMay 4, 2021
Guardian investigation finds carbon credits generated by forest protection schemes are based on flawed system
- What is carbon offsetting and how does it work?
The forest protection carbon offsetting market used by major airlines for claims of carbon-neutral flying faces a significant credibility problem, with experts warning the system is not fit for purpose, an investigation has found.
Money from carbon offsets can provide vital financial support for projects seeking to protect and restore some of the most beautiful threatened ecosystems around the world. Given that nature-based solutions can make a significant contribution to the climate mitigation needed to stabilise global heating, a functioning finance channel will be important for climate change progress, and particularly for developing countries.