Climate or carbon neutrality means that a company minimizes its carbon footprint in its activities – or an individual changes his/her lifestyle for the same purpose – and then balances residual carbon dioxide emissions often through carbon offsetting. The aim of climate neutrality is to limit global temperature increase.
Methods of reducing carbon emissions include, for example, switching to renewable energy (e.g. wind, water or biomass energy sources), environmentally sound waste management, or environmentally friendly tillage technologies. The carbon footprint thus reduced can be offset by the purchase of voluntary carbon credits by supporting green projects.
According to the European Commission’s decision in 2019, the Union is aiming to switch to a competitive and profitable carbon-neutral economic model by 2050. It is planned that the European economy will produce only as much carbon as it can absorb by various measures.