Abstract

A recent report revealed a staggering 61% drop in the market value of carbon offsets, attributed to adverse findings from both the scientific community and the media. These findings have raised concerns about the effectiveness of carbon credit projects, leading investors to reduce their involvement or withdraw completely, thereby substantially decreasing the market’s overall value [1,2]. This reluctance among buyers is fueled by escalating skepticism about the actual environmental impact of these projects and concerns over potential “greenwashing,” where companies misleadingly present their environmental practices as more eco-friendly than they are