Nature-based solutions are projects which protect or redevelop natural ecosystems, such as forests, grasslands and wetlands.
Nature-based solutions could play an important role in
LIMITING GLOBAL WARMING TO BELOW 1.5°C*
*According to studies cited by the Intergovernmental Panel on Climate Change
Nature-based solutions projects can lead to the creation, marketing, trading and sale of carbon credits.
Shell is one of the most established investors of carbon credits in the world and we have a growing portfolio of verified projects.
A carbon credit represents the avoidance or removal of 1 tonne of carbon dioxide.
Shell has an ambition to invest up to
between 2020 and 2021 in natural ecosystems.
Shell’s programme to invest in natural ecosystems will contribute to its ambition to become
A NET-ZERO ENERGY EMISSIONS BUSINESS BY 2050, OR SOONER
Shell and Staatsbosbeheer, the Dutch National Forestry Department, will plant more than
in the Netherlands over the course of 12 years.
In the UK, Shell is working with Forestry and Land Scotland to plant or regenerate around
over the course of five years
Shell is collaborating with Land Life Company on a
reforestation project in Spain: around
have been planted.
*These projects are not yielding carbon credits currently.
Carbon-neutral driving, transport and manufacture
Starting in the Netherlands and the UK, we offer customers nature-based carbon credits to offset the CO2 emissions generated by the extraction, refining, distribution and use of the Shell fuel they buy.
We also offer nature-based carbon credits to business customers operating heavy- and light-duty fleets in 10 countries across Europe and Asia.
In addition, we have delivered carbon-neutral liquefied natural gas cargoes to business customers in Taiwan, Japan and South Korea. For marine lubricant customers, as well as bitumen customers in Europe, we offer nature-based carbon credits.
Shell buys these credits – each of which is subject to a third-party verification process – from a portfolio of nature-based projects.
"Carbon neutral" indicates that Shell has engaged in a transaction to ensure that an amount of carbon dioxide equivalent (CO2e) to that associated with the raw material extraction and transport, production, distribution and usage of the product or fuel has been removed from the atmosphere through a nature-based process or emissions saved through avoided degradation of natural ecosystems.