Carbon credits and ITMOs (Internationally Transferred Mitigation Outcomes) are used in the context of climate change mitigation and the reduction of greenhouse gas emissions. To understand what their similarities and differences are, it is important to know what they are, how they work and under what settings they can be used.
Plastic credits, what are they exactly? Did you know that the first piece of plastic ever produced in 1862 and all of the plastic produced since then still exists on our planet? Let that sink in for a moment. The problem of plastic pollution is getting more and more concerning with the formation of a …
A few things on carbon projects When it comes to types of forestry projects, it is necessary to talk about a type of carbon project. It is highly important to understand what they are, how they originate and what they generate. Carbon projects are equivalent to an initiative, most of the time privately led, which …
Before going directly into the topic itself, environmental commodities, it is essential to understand what commodities are. Commodities is an anglicism used in the financial world. It refers to commodities standardized for purchase and sale, adopting international trading criteria in organized markets. They are also known as raw materials, since these goods have a low …
The global climate crisis catalyzed the spread of environmental awareness across the world. Some of the efforts made to protect our natural resources have been centered around putting a price on these limited resources. The carbon credit system was developed to reduce greenhouse gas emissions. The success of this system relies on the effectiveness of …
Commodifying natural resources: A review of water-based credits Read More »
Frequently, debates on the best approach to tackle climate change and reduce the amount of GHG emissions in the atmosphere are overwhelming. According to the Intergovernmental Panel on Climate Change (IPCC) summary for policymakers report in April 2022, carbon removal projects are essential in balancing the unavoidable emissions to achieve a net zero emission. Does …
The lovers and haters of carbon avoidance credits Read More »
