HomeAgricultureHow Carbon Credits Can Increase Land Conservation Efforts

How Carbon Credits Can Increase Land Conservation Efforts

For years, timber harvests and development opportunities have been a source of income for landowners worldwide. Carbon credits are changing that.

One metric ton of carbon is offset from the atmosphere for every carbon credit purchased. This happens through an environmental project, such as reforestation.

The more carbon credits purchased, the greener a company can be – which is why the industry is booming.

But there is another benefit here.

Revenue from carbon offsets could provide $250 billion annually for conservation efforts.

This means landowners can now receive compensation for conserving land instead of destroying it. So, carbon credits may, in fact, encourage conservation.

For land to qualify, it must be at risk of harvest or conversion. Landowners then sign an agreement to ensure they are committed to seeing these environmental projects through.

This makes sure that landowners are in it for the long haul. They cannot just sign up and then sell out.

According to the World Economic Forum, forest carbon projects undergo an intense verification process to help meet goals. It takes almost two years before their credits even hit the marketplace. So, the incentive to stick with this long-term is there.

There are decades of research used to let us know just how much carbon can be sequestered through a forest.

Then, a year after landowners sign their agreement, tree growth is checked to see if it is on track with projections. Only then are carbon credits issued.

Critics have always claimed that the lack of oversight within the carbon credit industry was why they could not support it.

However, increased ways to verify carbon sequestration are beginning to change that. Plus, leaders at COP26 have agreed on a global standard, putting many concerns to rest.

As more landowners take on sustainable forest projects, conservation has a chance.

Most Popular
LATEST CARBON NEWS

How The First Carbon Negative Nation of Bhutan Did It

As the world’s richest and largest emitting countries are struggling to reduce emissions, Bhutan became the first carbon negative nation. Fog-enshrouded temples nestled in mountainous...

Google’s Eco-Friendly Routing Comes to Europe

Google expanded its eco-friendly routing on its Google Maps to 40 countries across Europe. With Google Map’s eco-friendly routing, drivers can choose a route that’s...

UK Pension Schemes Under Pressure for Climate Impact Reporting

The mid-sized and smaller pension schemes in the UK are under tighter rules as new reporting regulations are requiring more detailed information. The UK has...

Salesforce Launches First-of-a-Kind Carbon Credit Marketplace

The first step to achieving net zero is to reduce carbon emissions. In response to this, Salesforce will launch a first-of-its-kind carbon credit solution...
CARBON INVESTOR EDUCATION

The 5 Top Carbon Offset Project Developers

Are you looking to directly reduce your carbon footprint or support projects that cut emissions elsewhere? Then carbon credits allow you to do either...

The Top 3 Private Carbon Companies to Watch Right Now

Right now, the carbon space is heating up. Dozens of companies are jumping into what’s fast becoming one of the hottest spaces to invest...

Carbon Insetting: The Target of Scope 3 Carbon Offset Accounting

Carbon offsets are a well-known sustainability concept so you most likely have heard of them. But there’s a relatively new sustainable supply chain term...

Tonne Year Accounting for Temporary Carbon Storage

You most likely know the climate benefits of storing carbon and removing gigatons of it from the atmosphere to limit climate change. But we also...