Carbon offsetting involves funding projects that reduce carbon emissions globally. These projects wouldn’t exist without the financial support provided by individuals and organizations that offset their emissions.
Carbon offsetting funds specific projects—such as renewable energy, energy efficiency improvements, reducing deforestation, and tree planting—through carbon finance. These projects are verified to ensure they deliver real carbon reductions. Once verified, carbon credits are issued, which can then be purchased to offset the unavoidable emissions of other entities.
When you participate in a carbon offsetting program, like the one offered by Carbon Footprint Ltd, the focus is on retiring these credits, ensuring they can’t be reused. This encourages the creation of more carbon reduction initiatives.
While the ultimate goal is to reduce emissions to zero, it’s not yet feasible globally. The current supply of renewable energy is insufficient to meet global demand, and we lack widespread zero-carbon transport options for international trade. Even with substantial efforts to minimize your carbon footprint, some emissions are unavoidable due to the indirect impact of the goods and services you consume.