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Forest Trends Ecosystem Marketplace estimates that voluntary demand for carbon offsets – delineated in tonnes of carbon dioxide equivalent, or tCO2e – reached a cumulative 844 million tCO2e over the last decade. Data from CDP (formerly the Carbon Disclosure Project) reveals that 14% of all companies reporting emissions data to CDP practice offset-inclusive carbon management. That’s a total of 265 companies with an emissions footprint of almost 6 billion tCO2e, which no doubt comprise a significant proportion of the last decade’s offset demand.
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