Green Transition at Risk as Carbon Offset Schemes Falter

Companies worldwide are increasingly opting to use carbon credit schemes to offset their emissions, as governments urge them to decarbonise operations. While this might seem the obvious solution for hard-to-abate industries, many are failing to monitor and assess the schemes to ensure that they are working as expected and offsetting the necessary quantity of carbon to decarbonise operations.  Carbon offsetting schemes are programmes introduced by a wide range of companies aimed at reducing carbon emissions through various projects, rather…