Getting paid to not cut down trees

Getting paid to not cut down trees

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the role of carbon offsets in achieving decarbonization goals, highlighting the challenges companies face in reaching net zero. It introduces the United Nations Carbon Offset Platform and NCX, a natural capital exchange that uses AI to verify carbon credits. The video compares different forest types for carbon sequestration, explains the pricing mechanism through reverse auctions, and addresses potential downsides like increased fire risk. Finally, it outlines NCX's plans for global expansion.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary challenge companies face in achieving net-zero targets?

High cost of carbon offsets

Immediate inability to reach net-zero with current solutions

Insufficient carbon capture technology

Lack of renewable energy sources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main criticisms of carbon offsets?

They lack consistency and effectiveness

They are too expensive

They are not recognized by international bodies

They do not support sustainability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does NCX verify the quality of carbon credits?

Through satellite imagery

Using AI-powered forest mapping

By manual inspection

With government audits

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of forest is mentioned as being particularly effective at carbon sequestration?

Tropical rainforests

Boreal forests

Northern California redwoods

Amazon rainforests

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the reverse auction in NCX's pricing model?

To limit the number of participants

To ensure only large landowners can participate

To drive efficiency and transparency

To increase the price of carbon offsets

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential downside of increasing tree density?

Increased carbon emissions

Higher risk of wildfires

Reduced water yield

Decreased biodiversity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit of the one-year term for carbon offsets?

It reduces the risk of forest fires

It provides immediate payment on delivery

It guarantees higher carbon sequestration

It allows for long-term planning