CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed?

Most countries, institutions, companies and individuals will continue to generate greenhouse gas emissions through their activities even as the world decarbonises, meaning many are choosing to compensate for these ‘residual’ emissions. The most common approach for doing so is to purchase carbon cred...

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Autor principal: CGIAR Climate Change Impact Platform
Formato: Video
Lenguaje:Inglés
Publicado: CGIAR Climate Change Impact Platform 2024
Materias:
Acceso en línea:https://hdl.handle.net/10568/155214
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author CGIAR Climate Change Impact Platform
author_browse CGIAR Climate Change Impact Platform
author_facet CGIAR Climate Change Impact Platform
author_sort CGIAR Climate Change Impact Platform
collection Repository of Agricultural Research Outputs (CGSpace)
description Most countries, institutions, companies and individuals will continue to generate greenhouse gas emissions through their activities even as the world decarbonises, meaning many are choosing to compensate for these ‘residual’ emissions. The most common approach for doing so is to purchase carbon credits. The world’s forests store an estimated 861 billion tonnes of carbon—equivalent to approximately 100 years' worth of anthropogenic emissions, at current rates—and with good husbandry could potentially store up to 226 billion tonnes more. Clearly, preserving and repairing forests is a vital element of mitigating climate breakdown. But, worldwide, forests are under threat, and financial and political incentives to clear land can often defeat attempts at regulation. One answer is to transfer some of the global benefits of preservation to forest communities, paying them to preserve the forest that they would otherwise have cleared and thus preserving the forest while compensating communities for foregone income. This is (forest) carbon offsetting – and it is failing. Yale Environmental Economist Professor Rohini Pande will explain why in this exploratory webinar, the third in our series highlighting important areas of climate research that CGIAR does not yet work on extensively.
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spelling CGSpace1552142025-01-21T17:51:33Z CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed? CGIAR Climate Change Impact Platform climate research climate change Most countries, institutions, companies and individuals will continue to generate greenhouse gas emissions through their activities even as the world decarbonises, meaning many are choosing to compensate for these ‘residual’ emissions. The most common approach for doing so is to purchase carbon credits. The world’s forests store an estimated 861 billion tonnes of carbon—equivalent to approximately 100 years' worth of anthropogenic emissions, at current rates—and with good husbandry could potentially store up to 226 billion tonnes more. Clearly, preserving and repairing forests is a vital element of mitigating climate breakdown. But, worldwide, forests are under threat, and financial and political incentives to clear land can often defeat attempts at regulation. One answer is to transfer some of the global benefits of preservation to forest communities, paying them to preserve the forest that they would otherwise have cleared and thus preserving the forest while compensating communities for foregone income. This is (forest) carbon offsetting – and it is failing. Yale Environmental Economist Professor Rohini Pande will explain why in this exploratory webinar, the third in our series highlighting important areas of climate research that CGIAR does not yet work on extensively. 2024-05-21 2024-10-06T13:17:11Z 2024-10-06T13:17:11Z Video https://hdl.handle.net/10568/155214 en Open Access CGIAR Climate Change Impact Platform CGIAR. 2024. CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed? Video. Montpellier, France: CGIAR System Organization.
spellingShingle climate
research
climate change
CGIAR Climate Change Impact Platform
CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed?
title CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed?
title_full CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed?
title_fullStr CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed?
title_full_unstemmed CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed?
title_short CGIAR Climate Impact Area Webinar Series - Webinar 3: Carbon Credits: Can they be fixed?
title_sort cgiar climate impact area webinar series webinar 3 carbon credits can they be fixed
topic climate
research
climate change
url https://hdl.handle.net/10568/155214
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