Author: Shashank Pandey In a paper published in Nature, Stolz and Probst examine 89 large multinationals in high-emission sectors (oil & gas, autos, airlines) using over 400 reports and self-disclosed data to assess how voluntary carbon offset purchases relate to actual decarbonisation efforts. They find no significant difference in emission reductions or ambition between companies […]
At the UN Climate Summit in New York, leaders sought to build momentum ahead of COP30 in Belém, but the discussions once again highlighted the gap between ambition and delivery. UN Secretary-General António Guterres stressed that national targets and finance commitments still fall short of what science demands, urging governments to move “further and faster” […]
As global climate rules shift from the Kyoto era to the Paris Agreement, one concept remains central: ADDITIONALITY. Projects seeking to generate international carbon credits must prove that they would not have gone ahead without the revenue from those credits. To enforce this, the UN’s Article 6.4 Supervisory Body has introduced a new methodological tool […]
Written by: Shashank Pandey and Tanya Verma The Uttar Pradesh government has initiated payment in the first phase of benefits for farmers under its Carbon Credit Finance Scheme. This initiative incentivises farmers to plant trees on their agricultural land. The scheme can be broadly classified as an agoforestry carbon credits mechanism. The carbon credits are […]
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