The 2024 Paris Olympics, running from July 26 to August 11, aims to cut its carbon footprint by 50% compared to past games. To bring this change organizers have brought 360-degree transformations in infrastructure, games, electric sources, food and catering, and transportation. So, this year the game is going to be GREEN!
Marie Sallois, IOC Director for Sustainability has briefed,
“As climate change accelerates, the Games’ response to it must do the same. The Paris 2024 organizers are stepping up to the challenge, and they are doing so by focusing first and foremost on the core part of addressing it: by cutting emissions.”
Making a Robust Carbon Budget to Mitigate CO2 Emissions
The Tokyo Olympics used 4.38 MMTs of CO2 equivalents through Japanese emissions trading programs. As said before, this time Paris Olympics intends to halve its carbon emissions across scope 1, 2, and 3 categories, setting a benchmark against all the events occurred to date. The organizers have installed renewable energy instead of diesel generators.
S&P Global has reported that they have already secured 1,472,550 metric tons of CO2 credits from 13 projects. These initiatives, mainly in Africa, focus on cookstoves, solar power, mangrove restoration, forestry, and clean water. Additionally, four forestry projects in France and nine other projects endorsed by Gold Standard and Verra’s Verified Carbon Standard contribute to this effort.
Their comprehensive carbon budget will cover energy, transport, catering, and procurement. Advanced tools will estimate, track, and manage the carbon footprint at every stage. With this initiative, they expect to keep energy emissions below 5% of the total carbon budget.
source: S&P Global
Carbon Offsets: Using the 3 Rs Strategy
In line with a circular economy, Paris 2024 emphasizes on “Reducing, Renting, and Reusing” resources. This year they aim for a carbon footprint of 1.58 million metric tons of CO2 equivalents, below the target of 1.75 million. The committee has planned to keep 95% of the infrastructure temporary or reuse the already existing ones to cut down construction emissions.
The official Olympics site mentioned that the games will run on 100% renewable energy, reducing diesel generator reliance. France’s power grid, low in carbon intensity, will be further equipped with solar rooftops and urban solar PV arrays. Another notable upgrade is, UK’s leading energy provider EDF will supply green power certificates, and a blockchain system, Trackelec to ensure continuous power supply.
International Olympic Committee (IOC) President, Thomas Bach remarked,
“Paris 2024 is pioneering a new model for Olympic Games delivery, fully aligned with Olympic Agenda 2020,” “The IOC is particularly excited to see that Paris 2024 is aiming to organize climate-positive Games already in 2024, in this way setting the pace for future organizers.”
The committee has further noted that Paris 2024 will cut CO2 emissions and is in line with the Paris Agreement on Climate Change. The entire event will offset more than its residual emissions and promote long-term carbon compensation projects. Significantly, the strategy has three pillars: reducing greenhouse gas emissions, supporting projects with a positive climate impact, and mobilizing stakeholders to ensure long-term benefits.

Lighting Up Paris 2024: The Biopropane Torch
Biopropane comes from renewable feedstocks like plant and vegetable waste. It is a byproduct of the hydrogenated vegetable oil process, which also creates renewable diesel and sustainable aviation fuel.
S&P Global revealed that this green fuel comes at a premium, with Platts assessing NWE biopropane at $1,399/mt on July 16—over $800/mt more than the CIF NWE large cargo assessment.
(According to Law Insider, CIF NWE is a term used in the oil industry to describe the price of jet fuel. It stands for “Cost, Insurance, and Freight” and “Northwest Europe”)
Despite its higher cost, biopropane helps reduce the carbon footprint of the Torch Relay, which began on May 8 in Marseille. This segment of the Paris Olympics accounts for only 2% to 4% of the overall carbon emissions of the games. Furthermore, the torch itself is made from recycled steel and is produced renewably in France.
source: S&P Global
Sustainability in Food and Travel and Impact on Locals
As per reports, during the Games, 13 million meals will be delivered with 50% carbon emissions of typical French meals. This will be achieved by increasing plant-based ingredients and sourcing 80% of food locally. Furthermore, they have significantly emphasized minimizing food waste and plastic use.
Moving on to travel and transport, Paris’s extensive public transport network and new bike lanes will facilitate eco-friendly travel. Athletes will travel less with 80% of venues within 10 kilometers of the Olympic Village. Public transport operators will expand services, and the vehicle fleet will include electric, hybrid, and hydrogen fuel.
The impact of the games on the local community is another critical focus. The Aquatics Centre, for example, will serve the local community even after the event is over. They also plan to make the Olympic Village new residential and business districts. It will offer homes and workplaces for thousands of people. IOC is also putting efforts into cleaning the River Seine and improving local infrastructure to enhance the living standards of the residents.
Thus, we can feel that this year’s Paris Olympics weaves sustainability into every aspect of the games, setting a new benchmark for future Olympics. On July 26, the games will start with a spectacular opening ceremony. The Tuileries Garden, right in front of the Louvre Museum, will host the lighting of the Olympic cauldron. The countdown has begun, and excitement is truly palpable!
The post Paris Olympics: Can Offsets Truly Halve Their Carbon Footprint? appeared first on Carbon Credits.
Carbon Footprint
The Strategic Case for Nature-Based Carbon Investments
Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.
1. Define the sourcing problem before choosing a project
Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.
This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.
CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.
2. Develop nature-based carbon investments around the actual supply chain
The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?
Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.
Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.
The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.
3. Compare the proposal with other ways to protect supply
WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.
The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.
The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.
The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.
4. Establish what the carbon outcome could count toward
Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?
Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.
SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.
For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.
Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.
5. Build a financial case that survives weaker assumptions
Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.
Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.
Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.
A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.
6. Fund a pilot with a clear expansion decision
Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.
Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.
Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.
This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.
Discuss a sourcing opportunity with CCC
Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.
Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.
Sources
- Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
- World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
- Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
- United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
Carbon Footprint
How to buy plastic credits, and what to check before you do
A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.
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Carbon Footprint
EU carbon credit claims after 27 September 2026
EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.
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