In 2017, the small nation of Bhutan became the first and only carbon negative country in the world. That's right: not carbon neutral, carbon negative.
In an article on the subject, the Climate Council—an independent, Australia-based nonprofit organization dedicated to educating the public on matters related to climate change—defines carbon negative status as occurring when a country's carbon emissions are not only offset, but are actually in the negative due to the generation and exportation of renewable energy. There are several reasons for this impressive feat.
Bhutan—a small, landlocked country in the middle of the Himalayas—has a population of approximately 813,000 and produces 2.2 million metric tons of carbon dioxide per year. The country is 72 percent forest, and those forests trap more than three times their carbon dioxide output through a process called carbon sequestration, the long-term storage of carbon in plants, soil, and the ocean. This means that Bhutan is a carbon sink: It absorbs more carbon than it releases as carbon dioxide. Specifically, Bhutan is a carbon sink for more than 4 million tons of CO2 each year. In addition, the country exports most of the renewable electricity generated by its rivers, which is equivalent to 6 million tons of CO2.
Bhutan is also exceptionally environmentally friendly. This is partly because it takes a holistic view of development, measuring it with the Gross National Happiness Index instead of the Gross Domestic Product Index, like most countries. Instead of only prioritizing economic improvement, Gross National Happiness balances it with sociocultural and environmental improvement. The eco-conscious country invests in sustainable transport, subsidizes electric vehicles, and has an entirely paperless government.
Bhutan has pledged to remain carbon neutral for all time, and it's safe to say it's doing pretty well so far.
[h/t The Climate Council]