By Anja Kollmuss,Michael Lazarus,Carrie Lee,Maurice LeFranc,Clifford Polycarp
Greenhouse fuel (GHG) offsets have lengthy been promoted as a huge portion of a entire weather coverage procedure. Offset courses can decrease the final fee of accomplishing a given emission target via allowing emission rate reductions to ensue the place charges are reduce. Offsets have the aptitude to carry sustainability co-benefits, via know-how improvement and move. they could additionally increase human and institutional means for decreasing emissions in sectors and destinations now not incorporated in a cap and alternate or a compulsory executive coverage. despite the fact that, offsets can pose a threat to the environmental integrity of weather activities, specifically if concerns surrounding additionality, permanence, leakage, quantification and verification are usually not appropriately addressed. The problem is to layout offset courses and guidelines which can maximize their strength advantages whereas minimizing their strength hazards.
This guide offers a scientific and accomplished overview of present offset courses. It seems to be at what offsets are, how offset mechanisms functionality, and the successes and pitfalls they've got encountered. insurance comprises offset courses around the complete swath of purposes together with crucial and voluntary structures, govt regulated and personal markets, carbon offset cash, and accounting and reporting protocols reminiscent of the WBCSD/WRI GHG Protocol and ISO 14064. studying from the successes and screw ups of those courses might be necessary to crafting powerful weather coverage. this is often an important reference for all regulators, coverage makers, company leaders and NGOs curious about the layout and operation of GHG offset courses world-wide. released with SEI
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Extra info for Handbook of Carbon Offset Programs: Trading Systems, Funds, Protocols and Standards (Environmental Market Insights)
Handbook of Carbon Offset Programs: Trading Systems, Funds, Protocols and Standards (Environmental Market Insights) by Anja Kollmuss,Michael Lazarus,Carrie Lee,Maurice LeFranc,Clifford Polycarp