“Globally, data compiled by Corporate Accountability found that more than 47 million offsets that were retired in 2024 from 43 of the world’s largest projects were “problematic,” meaning that they were unlikely to deliver the environmental benefits they said they would.
“The evidence suggests the system is not working as portrayed,” said Rachel Rose Jackson, director of climate research and policy at Corporate Accountability. “Investors, corporations, and governments should not be going all in on a risky bet and an unreliable investment—whether we are talking about one carbon offset credit or millions of them.”
Read the Corporate Accountability Research Brief here.
