Conceptual framework carbon credits management in promoting sustainable development

Abstract

This study aims to study a conceptual framework the of carbon credit management in promoting sustainable development. The study reviews literature from various sources, including academic articles, research papers, books, and textbooks. The results show that carbon credit management is a significant tool for promoting sustainable development. It has the primary goal of reducing greenhouse gas emissions and supporting the transition to a low-carbon economy includes: 1) An efficient carbon market mechanism 2) High-quality greenhouse gas reduction projects 3) Stakeholder participation 4) Effective governance 5) Knowledge and understanding 6) Technology and 7) International cooperation. These factors can be used for qualitative testing for organizations that focus on carbon credit management performance and prioritize organizational sustainability. To serve as a guideline for businesses to evaluate and improve their carbon credit management strategies towards sustainable operations, and as crucial information for the government in developing policies and mechanisms to effectively support carbon credit management at the national level.