Restoration of peatlands as a means for offsetting carbon. Economic and Ecosystem benefits for businesses.

The Association of European Businesses is pleased to invite you to the open event organized by the AEB Green Initiative Green Finance Workstream: Restoration of peatlands as a means for offsetting carbon. Economic and Ecosystem benefits for businesses.

The event will take place on February 9, 2022 from 11:00 till 13:00 via Zoom.

As part of the Green Finance workstream of AEB Green Initiative will present a climate project based on the outcomes of the German-Russian cooperation on “Restoring Peatlands in Russia for Fire Prevention and Climate Change Mitigation” (2011-2023), its preliminary results and challenges.

We will compare current practices of accounting of peatlands and peatlands at the regional level and set them in a context that matters for financial actors: How can restored wetlands adsorbing CO2 be verified as means of carbon offset?

Is carbon-offsetting still a proven concept of climate change mitigation after some of them have been accused of being “Greenwashing” in other regions of the world?