An international treaty on climate change adopted by 196 governments at the COP21 summit in Paris in 2015 under the United Nations Framework Convention on Climate Change. Signatories agreed to reduce greenhouse gas emissions in order to limit the global average temperature increase to well below 2 degrees Celsius compared with pre-industrial levels, and to pursue a goal of 1.5 degrees C.
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The Carbonwise editorial team is formed of seasoned established industry writers and specialist journalists.
24 September 2026
Refers to the period – usually a calendar year – in which an emissions reduction, avoidance or removal takes place. Carbon credits are often listed as being of a particular vintage.
24 September 2026
Voluntary Emission Reductions or Verified Emission Reductions. A general term used to describe project-based carbon credits.
9 September 2025
The iron and steel industry faces a significant challenge: how to continue producing the steel needed for infrastructure and economic growth while cutting carbon emissions.
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