In the face of climate change, businesses are increasingly recognizing the importance of reducing their carbon footprint and mitigating their environmental impact. One effective way for businesses to take action is by purchasing carbon credits, a mechanism that allows them to offset their emissions while supporting renewable energy and conservation projects. Understanding Carbon Credits Carbon credits represent a unit of carbon dioxide (CO2) equivalent that is either removed from the atmosphere or prevented from being emitted. These credits are generated through projects that reduce greenhouse gas emissions, such as renewable energy generation, afforestation, and energy efficiency initiatives.…