The agreement, signed in late 2022, is a significant step towards achieving the Paris Agreement’s goal of limiting global warming to well below 2 degrees Celsius. It also aligns with TotalEnergies’ commitment to achieving net-zero emissions by 2050. The project will focus on the U.S.

* **Integrity:** Transparency in the issuance and tracking of carbon credits is crucial. This involves using reliable methodologies and ensuring proper accounting practices. * **Transparency:** The government should promote transparency in the voluntary carbon market. This includes making market data publicly available and establishing clear guidelines for verification and reporting. * **Environmental Protection:** The government should prioritize environmental protection when implementing carbon markets. This means considering the potential impacts of carbon offset projects on ecosystems and biodiversity.