Digital Innovation and Sustainability: Advancing Voluntary Carbon Offsets

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Rafael Canorea-García, José M. Luque Juárez

Abstract

Achieving the environmental objectives established by the United Nations in the 2030 Sustainable Development Goals (SDGs) will undoubtedly be a complex and demanding task. One of the most pressing challenges is the reduction of carbon dioxide (CO₂) emissions, which are the primary contributors to the intensification of the greenhouse effect and, consequently, global climate change. The rise in global temperatures, melting polar ice caps, and extreme weather events are all directly linked to elevated CO₂ concentrations in the atmosphere. In response to this urgent issue, both public and private institutions worldwide are adopting innovative methodologies that aim to integrate economic profitability with long- term environmental sustainability.


These efforts include implementing cleaner production technologies, investing in renewable energy sources, enhancing energy efficiency, and optimizing supply chains to minimize their carbon footprint. Increasingly, companies are incorporating sustainability criteria into their core business strategies, with many committing to science-based targets and transparent reporting mechanisms. A growing number of corporations are also joining global climate initiatives and coalitions, pledging to reach net-zero emissions by 2050. This alignment of business operations with climate goals is not only essential for mitigating environmental risks but also for ensuring competitiveness and resilience in a rapidly changing global economy. The transition to a low-carbon future requires bold leadership, cross-sector collaboration, and sustained commitment at every level of society.


Each year increase number of this. Carbon credits can help companies to meet their climate-change goals. The involvement of all citizens will be an essential factor to get this challenge. For this, the Voluntary offsetting market is created. Companies and citizens will pay for their emissions based on their carbon footprint. Investment in climate-related activities to combat climate change should reach more than 5 trillion by 2030. Based on the framework described above, digital technologies should play an important role. Digital applications and digital environments have begun to emerge. That can be defined as a voluntary digital market where people and organizations can calculate and offset or sell their CO2 footprint according to their needs. There is a lot of work yet. The voluntary offsetting market needs to be transparent and credible. Compliance standards, which should be a keystone of this market, are scarce or nonexistent. The purpose is not easy. Technology can help to reach this goal. Appear a lot of digital marketplaces trading CO2 offsetting every day. We search into these websites, comparing their most essential characteristics.


DOI: https://doi.org/10.52783/rcp.1198

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