The Kyoto Protocol to combat climate change was adopted by the United Nations in 1997, laying the foundation for the fight against climate change on an international scale.
In 2015, the United Nations Framework Convention on Climate Change (UNFCCC) outlined a roadmap to reduce carbon dioxide from 2020 at the United Nations Climate Change conference in Paris.
The year 2022 has special meaning when global climate change response enters a new phase with many countries embarking on implementing the Paris Agreement.
The campaign to reduce greenhouse gas emissions has received an increasingly wide response in the community.
Nearly 50% of large companies on Forbes' Global 2000 list have set net zero goals, according to a statistic from Net Zero Tracker.
So, what is Carbon Credits.
Each carbon credit is equivalent to one ton of CO2 emissions or other greenhouse gas emissions (CH4, NO2) equivalent.
In the past, each carbon credit had a very large price range, from 6 USD to nearly 100 USD depending on the time and size of the batches of carbon credits traded.
To earn carbon credits, you only have two options:
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Minimize greenhouse gas use (for example, using green energy)
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Have forests or seaweed to absorb greenhouse gases and return fresh oxygen to the earth
And X-Defence, through promoting afforestation and forest restoration, we support carbon credits for businesses and partners around the world.
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Applying blockchain to quickly receive businesses, partners and investors.
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Applying blockchain to authenticate ownership of carbon credits, or investment ownership, and other benefits in the extended X-Defence project through NFTs and smart contracts
