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Carbonoffset markets have always been complex and controversial instruments to fight climate change. Reading this article, you will better understand the carbonoffsets market, carbonoffsets controversy and the key initiatives to follow. CarbonOffsets Markets size. Introduction.
Natural capital provides the building blocks that enable ecosystem services—the positive benefits that societies and economies derive from nature—to sustain life and create wealth. That’s why biodiversity loss alone could cost the globaleconomy trillions of dollars in the coming years, in addition to trillions more related to climate change.
By 2018, the government had enshrined the goal of creating an “ecological civilization ” — essentially a global life economy — into China’s constitution. This strategy has generated impressive results: To take one example, from 2013 to 2020, as reported in Bloomberg , China reduced air pollution nearly as much as the U.S.
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