Problem area
Examine the state of the carbon offset market in Canada, key standards, and major players. Identify challenges in developing high-quality Canadian offsets and strategies for preparing for future demand.
Companies of all types – including CRE companies – typically model out a stepwise ‘waterfall approach’ for achieving Net Zero Carbon (see REALPAC’s Net Zero Carbon explainer attached). Carbon offsets are always the last priority but also required if an entity truly wants to become net zero. What is the state of the carbon offsets market in Canada today? What carbon offsets are available from Canada? Abroad? What are the most prevalent standards being used? Who are the major players? What is impeding the development of high quality, additional Canadian based carbon offsets? How can CRE companies get up the curve on the state of the market? What should be done today to prepare for a significant increased interest in carbon offsets by CRE companies 3-5 years in the future?
Project details
More information about this project will be shared during the kickoff meeting. Students will receive all the details they need at that time.