PUBLISHED DATE: 2025-08-11 22:01:32

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Greenhouse gases are the number one driver of climate change. As a result, various industries are taking steps towards decarbonizing their value chains. But they're not solely responsible for reversing the climate crisis, because we all need to act for a greener future. But is it easier said than done? Because fossil fuels continue to dominate the global energy mix, and burning them continues to release a staggering amount of CO2 into the atmosphere. The more CO2, the higher the global temperature. Even when COVID-19 unexpectedly arrived in 2020 and CO2 levels went down, global temperatures stayed up. This is the seventh consecutive year where the global temperature has been over 1 degree Celsius from pre-industrial levels. And here are more distressing statistics. 30 million people were displaced globally due to natural disasters in 2020, and those disasters cost $268 billion in damages. Extreme weather events will continue to disrupt our lives if the planet fails to cool down. To face this storm head-on, world leaders signed the Paris Agreement in 2016 with the goal of limiting global warming, and offering governments tools and tactics to deal with the impacts of climate change. And if you look at Article 6 of the agreement, one of those recommended tools is carbon markets. It provides a framework for their use, including ways of international cooperation and guidelines for the accounting of emission reductions. But which industries urgently need carbon markets? Find out when we return with our third video in this series. Until then, learn about our work and get in touch at publicissapien.com.