Nature-based Solutions to Carbon Offsetting Highlighted by Industry Experts
The article discusses how nature-based solutions, despite being seen as imperfect by regulators, are vital for biodiversity and have numerous benefits. Experts praise Australia’s carbon offset system for its strong governance.
The complaint from regulators is that nature-based solutions are imperfect and not easily measurable. However, nature-based solutions provide biodiversity, which is essential for life. There are many other benefits as well.
Armidale-based project developer and agronomy provider Hamish Webb, from Precision Pastures in NSW, stated that buyers of carbon offsets have consistently praised the Australian Carbon Credit Unit (ACCU). During recent carbon conferences, including the CarbonSmart conference held in New York City last September, attendees highlighted Australia's consistent governance and stringent regulatory oversight, which position Australia as a leader in offering the world’s best offset carbon credits.
