The following content is sponsored by Carbon Streaming Corporation.
Financing a Net-Zero Future with Carbon Credit Streaming
The world is advancing towards a net-zero carbon future, but achieving it will require a larger role for carbon credits.
A carbon credit is a tradeable certificate that represents one metric ton of carbon dioxide (CO2) or the CO2 equivalent (CO2e) of another greenhouse gas (GHG) that is prevented from entering the atmosphere or is removed from the atmosphere. Organizations purchase and use these certificates to offset their emissions that are difficult to reduce or control.
This infographic sponsored by Carbon Streaming Corporation explains how the company is funding the fight against climate change by bringing the streaming model—traditionally used in mining and energy—to the growing market for carbon credits.
The Rising Need for Climate Action
Global GHG emissions have risen alongside the expansion of industries and economies.
Since the Industrial Revolution, atmospheric concentrations of CO2 have increased at a rate at least 10 times faster than at any other time during the last 800,000 years. Consequently, global surface temperatures have risen, bringing the world closer to the devastating effects of climate change.
According to the latest United Nations Emissions Gap Report, limiting global temperature rise to 1.5°C requires a 50% reduction in GHG emissions by 2030 relative to current levels. While attaining this goal seems difficult, carbon credits can help get us closer to it.
What are Carbon Credits, and How Can They Help?
Carbon (Read more...)