An article in Carbon Neutral Copy explores how carbon credit projects can go beyond offsetting emissions by also providing economic opportunities to local communities, supporting biodiversity and more.
The author Jake Safane writes: “Plenty of criticism exists about the efficacy of carbon offsets, some of which is fair. But that potentially further underscores the opportunities that businesses have to make even more impact by selecting high-quality carbon credit projects.
By funding projects that provide economic opportunities to indigenous communities, promote biodiversity, support global health, etc., businesses can also reach their own environmental and social goals. A carbon credit project that protects a rainforest home to an array of wildlife, for example, might be more valuable to some companies than a carbon capture project that does not have direct biodiversity benefits.”
“By encouraging businesses to look at where they’re actually operating and trying to have a positive impact — yes, on the global climate with a ton of CO2, but also with the clear benefits of any project that they are investing in, in their area of operation — that can only be a positive.”
Find out more by reading the full article here: Beyond Net Zero: How Carbon Credits Can Help Businesses Reach Additional Social and Environmental Goals