06:10 PM EDT, 04/22/2024 (MT Newswires) -- Carbon offsets issued rose in the second week of April, analysis provided by research company ClearBlue Markets has shown.

Roughly 4.4 million carbon offsets were issued by the registries from April 8 to April 14. The weekly count is ClearBlue Markets' aggregate of all the credits issued by the American Carbon Registry, Climate Action Reserve, Gold Standard and Verra -- four of the largest registries of carbon offsets in the world.

The total represents an increase of 17% compared with the previous week and a jump of nearly 138% versus the corresponding period of the prior year.

The carbon credit issuances went to a mixture of projects in diverse geographical regions, including the US, Vietnam and Benin.

An issued carbon offset credit represents one tonne of removed or reduced carbon dioxide emissions that has been approved by a registry to enter the market.

Source material provided by ClearBlue Markets (www.clearbluemarkets.com).