Carbon Credit

Carbon Credit

What is Carbon Credit?

Supporting Environmental Sustainability in Aviation

Carbon Credits allow airlines and companies to offset carbon emissions by investing in environmental projects.

A carbon credit is a permit representing the right to emit a certain amount of carbon dioxide or other greenhouse gases. It's used in emissions trading schemes as part of environmental regulatory policies.

• Emissions Trading: Companies can trade carbon credits in markets, allowing for a market-based approach to controlling greenhouse gas emissions.
• Incentives for Reduction: The system incentivizes companies to reduce their emissions, as lower emissions result in surplus credits that can be sold.
• Role in Aviation: In aviation, carbon credits are part of strategies to reduce the industry's carbon footprint and meet international environmental targets.

Carbon credits are an important tool in global efforts to reduce carbon emissions, including in the aviation sector.