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INDUSTRY TREND

Industry Seeks Viable Nature-Based Offsets

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  • The oil and gas industry is seeking to de-toxify nature-based offsets (NBS) to ensure the credibility of their net-zero plans.
  • The manipulation of offsets to date has led to a call for a crackdown on verification regulations and the greater use of technology for compliance.
  • Momentum is building at COP28 for a greater recognition of offsets as a credible and workable solution.

The Issue

Topics:
Low-Carbon Policy, Nature-Based Solutions, ESG, Methane Emissions, CO2 Emissions, COP28
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