only less than 16% of carbon credits are real emission reductions
Achievement
Countries
Studies on carbon credit projects are split between different geographies. Explore where projects are located below.
The analysis covers 1/5th of total markets, almost 1 billion tons of carbon credits.
Sectors explained
SF₆
Sulfur Hexafluoride (SF₆) is an extremely potent greenhouse gas used primarily in the electrical industry as an insulating gas for circuit breakers and other switchgear equipment. It has a global warming potential thousands of times greater than CO₂, making its mitigation crucial for climate change efforts.
Managing SF₆ emissions involves either replacing SF₆ cover gases with alternatives, recycling, or reducing leaks to lower emissions. In SF₆ production, waste gases are captured and destroyed to prevent them from entering the atmosphere.
HFC-23
Hydrofluorocarbon-23 (HFC-23) is a byproduct of HCFC-22 production, which is used primarily in refrigeration. HFC-23 is an extremely potent greenhouse gas with a global warming potential thousands of times higher than CO₂, making its capture and destruction essential to reducing overall greenhouse gas emissions.
Improved Forest Management (IFM)
Improved Forest Management (IFM) includes practices to increase carbon storage in forests. Methods involve reducing timber harvest levels, prolonging harvest rotations, designating reserves, and improving practices like enrichment planting and irrigation.
Avoided Deforestation
Avoided deforestation focuses on strategies to prevent forest clearing. This includes enhanced monitoring, law enforcement, sustainable land-use practices, and engaging with local communities to protect forest areas.
Wind Power
This involves setting up wind power plants connected to the grid to generate electricity, thus replacing energy produced from fossil fuels and reducing emissions from conventional power sources.
Cookstoves
Distributing efficient cookstoves to communities helps reduce greenhouse gas emissions. These cookstoves require less fuel, burn fuel more completely, and can shift to less GHG-intensive fuel types, making them environmentally friendlier for household and institutional cooking.