
As companies and companies turn to carbon offsets in order to achieve net-zero emissions, what role can philanthropy play in the carbon credit ecosystem? BY SARAH TAM As companies and governments build out their net-zero roadmaps, many have turned to the promise of carbon offsets—measurable, verifiable emission reductions from certified climate action projects—to offset their emissions, while driving an economic model for conservation. If executed well, these projects can deliver benefits beyond reducing emissions, such as improving health, women’s empowerment, and conservation. Yet, while carbon markets appear to be a win-win for protecting public land and achieving net-zero. Critics argue that carbon…