This Environmental Studies Factsheet focuses on carbon offsetting schemes which aim to reduce the effects of increasing CO2 emissions. According to the World Bank approximately £1.5 billion of offsets were sold in 2006, representing 374 million tonnes of CO2. The vast majority of carbon offsets are used to meet developed countries’ obligations to cut their emissions under the Kyoto Protocol. But voluntary offsets are growing fast, albeit from a low base. The volume saved rose from 3.5 million tonnes of CO2 in 2004 to 10 million tonnes in 2006. In 2008 the saving will be between 50-100 million tonnes.

This Factsheet explains:
• Carbon offsetting scheme.
• The future.

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.PDF (pdf) 866.038 KB

Publication Date

April 2007

ISSN / ISBN

ISSN: 1351-5136

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