🤔 But what exactly is the financial stake of carbon credits in the Climate Plan of a city with 100,000 inhabitants?

🫰 Roughly around €5 million over the 6 years of a local government mandate…

📊 Quick calculation:
For a city of this size, an average reduction of about 25,000 tons of CO₂ per year amounts to roughly 525,000 tons of CO₂ over 6 years (one mandate).

Based on a low theoretical price of €10 per ton (while the current average price of the Label Bas Carbone is €34), this represents €5,250,000.

So Baku: Good COP or Bad COP for cities?

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