Climate Action Company reposted this
Climate Action Company has 84% of the funds from carbon credits going to work restoring nature on the ground*. We have proudly helped enable native forest restoration at 17 sites around New Zealand through our carbon credits. Is there any other carbon credit in the world that has a higher % of funds going to restoring nature? It seems with most (even all) carbon credits you don’t actually know how much of your money goes towards restoration vs. administration. Climate Action can be simple - we want companies to have to pay a high price for their emissions, this incentives them to cut emissions more than anything else. (Above their marginal abatement cost). Then with this money we should be funding nature restoration. Carbon Credits can be the key mechanism to regenerate our planet, but we need to make sure the majority of the money from carbon credit revenue is going to restoration. *84% for our CCU projects which is the majority of our projects, it is 80% for our NZU projects and has varied historically. #climateaction #restoration #nativeforest