The European Union’s Carbon Border Adjustment Mechanism (CBAM) represents a pivotal shift in the global approach to carbon pricing and climate change mitigation. As the EU strives for climate neutrality by 2050, CBAM emerges as a key tool to prevent carbon leakage and promote a level playing field between domestic and imported goods.
he Carbon Border Adjustment Mechanism (CBAM) and the EU Emissions Trading System (ETS) are two pivotal components of the European Union’s strategy to combat climate change. While both mechanisms aim to reduce greenhouse gas emissions, they operate in complementary ways to ensure a holistic and effective approach to carbon pricing.
In the quest for environmental sustainability, the terms ‘carbon neutral’ and ‘carbon negative’ have become increasingly prominent. But what does it mean to be carbon negative, and is it an achievable goal?
In an era where sustainability is no longer optional but imperative, understanding and managing your business’s carbon footprint is crucial. A carbon footprint represents the total greenhouse gas (GHG) emissions caused by an organization, expressed as a carbon dioxide equivalent (CO2e).
The United Nations Climate Change Conference (COP28) concluded on December 13, 2023, in Dubai, United Arab Emirates, marking a pivotal moment in the global fight against climate change. With the participation of delegates from nearly 200 countries, COP28 is hailed as a historic event that signals the “beginning of the end” of the fossil fuel era.
In the quest for sustainability, accurately measuring and managing carbon footprints has become a critical task for organizations worldwide. The advent of artificial intelligence (AI) has revolutionized this process, offering new avenues for data collection and analysis in carbon management.
Carbon footprint verification is the process of independently assessing and validating an entity’s greenhouse gas (GHG) emissions data. This verification ensures that the reported carbon footprint is accurate, reliable, and complies with international standards and legal regulations.
The Corporate Sustainability Reporting Directive (CSRD) is an EU legislation that significantly expands the existing sustainability reporting requirements for companies. It builds on the Non-Financial Reporting Directive (NFRD) and aims to provide stakeholders with more reliable and comparable sustainability information.
The Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking policy initiative by the European Union (EU) aimed at reducing carbon leakage and promoting a level playing field in the global market. It is a key component of the EU’s European Green Deal and the Fit for 55 package, which seeks to cut greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels.
In the ever-evolving landscape of environmental sustainability, the Greenhouse Gas (GHG) Protocol has emerged as a pivotal framework for organizations worldwide. As concerns over climate change and carbon footprints intensify, understanding and implementing the GHG Protocol has become essential for businesses aiming to reduce their environmental impact and align with global sustainability goals.
Emissions abatement refers to the process of reducing the amount of greenhouse gases (GHGs) released into the atmosphere. The goal is to mitigate the environmental impact of these emissions, which are a major contributor to climate change.
As environmental concerns grow, businesses are under increasing pressure to adopt sustainable practices. This article outlines simple yet effective ways your business can become more eco-friendly and how CarbonM by Cedars Digital can assist in your carbon reduction strategies.
