Among a group of nearly 2,000 companies that publicly disclosed data in 2015, 18% use offsetting as part of a carbon reduction strategy – including familiar household names such as L’Oréal, General Motors, and Delta Air Lines – according to a new report by Forest Trends’ Ecosystem Marketplace, “Buying in: Taking Stock of the Role of Carbon Offs

In contributing to global climate change mitigation efforts as agreed in Paris in 2015, China has set a target of reducing the carbon dioxide intensity of gross domestic product by 60-65 percent in 2030 compared with 2005 levels.

International aviation produced an estimated 490.4 million tonnes (Mt) of carbon dioxide emissions in 2013, about 1.5% of global CO2 emissions from fossil fuel combustion that year, and as the role of aviation in the global economy expands, those emissions are expected to rise, to 682–755 Mt by 2020 and 1223–1376 Mt by 2035.

Voluntary buyers around the world paid to offset the equivalent of 84.1 million (M) tonnes of carbon dioxide in 2015, a 10% increase from 2014, led by private-sector companies taking proactive steps to reduce emissions ahead of regulation, according to a new report from Forest Trends’ Ecosystem Marketplace (EM).

Voluntary buyers around the world paid to offset the equivalent of 84.1 million (M) tonnes of carbon dioxide in 2015, a 10% increase from 2014, led by private-sector companies taking proactive steps to reduce emissions ahead of regulation, according to a new report from Forest Trends’ Ecosystem Marketplace (EM).

International carbon offsetting can help reduce compliance costs in emissions trading schemes and at the same time support carbon mitigation projects in developing countries.

China’s introduction of a national ETS, scheduled for 2017, is an important development in the expanding carbon market landscape. As countries move towards implementation of the recently-adopted Paris Agreement, this sends a powerful signal about China’s mitigation commitment and support for carbon markets.

Carbon offsets are increasingly seen as a tool to support Sustainable Development Goals (SDGs), as well as mitigate climate change, according to a new report from Forest Trends’ Ecosystem Marketplace (EM), Not So Niche: Co-benefits at the Intersection of Forest Carbon and Sustainable Development.

Trading volumes on China’s seven emissions exchanges increased by 86.5% last year, but the financial value of the transactions rose by just 50% due to falling prices, an annual report on China’s carbon markets said.

The Intergovernmental Technical Panel on Soils (ITPS) of the Global Soil Partnership (GSP) has released a briefing paper on the role of soil organic carbon (SOC) in offsetting climate change.