Avoiding emissions versus creating sinks-Effectiveness and attractiveness to climate finance.
Mathew WilliamsDave ReayPatrizia SchweglerPublished in: Global change biology (2023)
The perception of greater impact via new sinks, as opposed to through avoided emissions, has already led some large investors to focus on sink-related projects. This is a flawed perception when applied universally and carries a risk that effective routes to mitigation through avoiding emissions are side-lined. In reality, both emissions avoidance and emissions removal are needed, and both can be a cost-effective means of delivering mitigation.