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recarb

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Let's be honest: a business model that does not take the environment and nature into account - either in the form of protection or restoration of nature - is no longer a viable business model today or in the future. But how do you ensure that projects to restore nature are actually "legitimate"? When you seek out nature-based projects (NbS) to meet the ever-growing sustainability goals, performing due diligence on potential projects is crucial. Cases like the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) have shown that relying solely on certificates is not enough—a project that suffers from various flaws thorough due diligence may have identified earlier. To avoid shortcomings, you need extended, comprehensive due diligence that also focuses on the following key aspects: ↪️ Environmental assessments to understand a project's effects on biodiversity ↪️ Social impact studies consulting local communities to identify cultural concerns ↪️ Financial modeling through cost-benefit analyses ensuring outcomes outweigh costs ↪️ Expertise in evaluating technical feasibility and mitigation of greenhouse gases Due diligence will allow you to make well-informed decisions that balance returns with responsible, long-term impacts. Unfortunately, these steps are often overlooked in practice. That’s why recarb® thoroughly checks all the points in a reforestation nature-based project. How do you ensure the project you're investing in is high-quality? 💭 📑 source: carbonmarketwatch(.)org #recarb #biodiversity #nature #naturerestoration #natureduediligence #naturefinance

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