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Friday, August 06, 2021
Turkey's forest fires kindle larger questions on offset permanence | S&P Global Platts
Turkey's forest fires kindle larger questions on offset permanence
Author Kanchan Yadav Silvia Favasuli Vandana Sebastian
Editor Adithya Ram
Forest fires have been raging in many parts of the world putting carbon credit projects at risk and posing a significant challenge to the permanence of the credits generated. Forests generate some of the biggest offsets of carbon dioxide and yet, thousands of tons of CO2 emissions are added in the atmosphere every year due to forest fires. Australia, California, Oregon, Brazil, Russia, Western Canada, Greece and Turkey are among countries susceptible to forest fires.
More:Turkey's forest fires kindle larger questions on offset permanence | S&P Global Platts