Offsets standards body refutes media’s Redd+ claims
Studies underpinning recent reports are flawed, according to technical review published by Verra
Recent media reports claiming carbon offsets generated by projects using the UN-backed Reducing Emissions from Deforestation and forest Degradation (Redd+) mechanism are “largely worthless” include numerous inaccuracies and distortions, according to a technical review published by non-profit carbon offsets standards body Verra. The original analysis undertaken by the UK’s Guardian newspaper, German weekly Die Zeit and non-profit investigative journalism organisation Sourcematerial claims that 94pc of the rainforest offset credits approved by Verra do not represent genuine reductions in emissions. The Guardian investigation analysed the findings of three scientific studies that used a relativ
Also in this section
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
13 January 2025
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive