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  2. Carbon offsetting

What does it mean ‘to retire an offset’?

By “retiring” a carbon offset or biodiversity offset on behalf of its clients, DGB removes the offsets from the market, rendering them unusable by the heavy-polluting companies. To “retire” a carbon offset, DGB officially registers the offset as “used”. Until a carbon offset is retired, it is available for trading and cannot be used to offset emissions of the current holder.