The Oxford Offsetting Principles
Tuesday 12 Mar 2024
The Oxford Offsetting Principles report is an essential resource to guide the design and delivery of net-zero commitments by government, cities and companies.
Carbon offsetting schemes are frequently used to help organisations achieve net-zero carbon emissions. However, current approaches are unlikely to deliver the level of emissions reduction needed to achieve global climate goals.
Well thought-out carbon offsetting can contribute to net-zero strategies, particularly in hard-to-decarbonise sectors. However, if not done well, offsetting can result in ‘greenwashing’ and create unintended negative impacts for both people and the environment.
Read more here.