Our world leaders have set ambitious carbon goals for us, as evident in the Paris Agreement. This legally binding international treaty aims to limit global warming to below 2 degrees Celsius above pre-industrial levels. To achieve this, we need to cut emissions by 50% by 2030. However, the transition to a net-zero future is too slow due to a lack of investment in the green industry. Urgent investment is needed, and carbon offsets will be invaluable in buying us some time.

The carbon market's lack of transparency and established standards is a pressing challenge for both businesses and the planet. While it has an enormous potential to facilitate the transition to a net-zero future, it remains in its infancy and has encountered issues such as double counting. We must take action to improve the system by establishing clear guidelines and transparency to ensure effectiveness and mitigate the risk of fraudulent or ineffective offsetting.

Since 1990, more than 420 million hectares of forest have been destroyed. That is one football field every second. Deforestation has a devastating impact on the environment, resulting in the loss of nature and biodiversity. This loss threatens the future of our planet. In fact, forests are home to more than 80 percent of all terrestrial species of animals, plants, and insects.