Department of Land Economy reposted this
🎉 Honored: Our carbon credit quality study was selected as 2024 Max Planck Research Highlight by the Max Planck Society. After 3 years of intensive work with 11 amazing co-authors, our Nature Communications paper revealed that less than 16% of studied carbon credits represent real emission reductions. 📊 Key findings: Analysis of ~1 billion carbon credits Substantial quality issues across project types: 🍳 Cookstoves: 11% represent real reductions 🌳 Avoided deforestation: 25% 🏭 Industrial gas projects: 16-68% 💨 Wind & forest management: No significant reductions 🔍 Explore our findings: Interactive platform: www.carboncredits.fyi Research group: www.netzerolab.science Max Planck highlight: https://lnkd.in/drJwP8TU Full paper: https://lnkd.in/dhfvQyUM 🆕 Just out: "The negligible role of carbon offsetting in corporate climate strategies" Our new working paper with Niklas Stolz examines the role of carbon credits in corporate climate strategies: https://lnkd.in/damKtHZU 🙏 Big thanks to Myriam Rion at Max Planck Institute for Innovation and Competition for the fantastic press work and to all co-authors who made this possible: Malte Toetzke, ANDREAS KONTOLEON, Laura Diaz Anadon, Jan Minx, Barbara Haya, Lambert Schneider, Philipp Trotter, Thales A. P. West, Annelise Gill-Wiehl, Volker Hoffmann #MaxPlanck #Research #ClimateAction #CarbonMarkets #Sustainability #Science