💨 Abstract

Amazon has started selling carbon credits to offset climate-damaging carbon emissions for its suppliers, business customers, and other companies. The retail giant uses industry-leading standards for its credits and supports the development of rigorous standards where existing checks are inadequate. This is Amazon's first foray into selling credits, though it has been involved in industry efforts to set quality standards and directly invests in projects to protect forests and advance carbon removal.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖