Carbon Offset Standards
After the wave of attention towards ‘Climate Change and Global Warming’ multiple National and International bodies have given different concepts and mechanisms to reduce level of GHG emissions. Over a period of time, such mechanisms were adopted by many environment conscious countries and organisations as a step towards sustainable environment.
These mechanisms are difficult to understand and adopt by an ordinary organisation. So here we are the most renowned GHG program implementation and advisory services provider to help existing organisation in maintaining their market standing and to help new birds to enter with ease the Carbon Standard Market.
Here are the basic issues which many organisations face and how we provide a solution to it!
Business Challenge
1. End-to-end Carbon project life cycle management
2. Coordinating with Emission Reduction Standard bodies
3. Keeping track of policy changes with the ER standards and other emerging standards worldwide.
4. Pricing of Carbon Offsets and marketing them.
5. How to monetize the Emission Reduction Projects.
Our Solution
We help project owners to get their projects registered/verified under various GHG program mentioned below. We offer on time, quality services with 100% assurance of successful delivery.
Clean Development Mechanism
The Clean Development Mechanism (CDM), defined in Article 12 of the Protocol, allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (Annex B Party) to implement an emission-reduction project in developing countries. Such projects can earn saleable certified emission reduction (CER) credits, each equivalent to one tonne of CO2, which can be counted towards meeting Kyoto targets.
The mechanism is seen by many as a trailblazer. It is the first global, environmental investment and credit scheme of its kind, providing a standardized emissions offset instrument, CERs.
A CDM project activity might involve, for example, a rural electrification project using solar panels or the installation of more energy-efficient boilers.
The mechanism stimulates sustainable development and emission reductions, while giving industrialized countries some flexibility in how they meet their emission reduction or limitation targets.
This is one of the Market Based Instruments defined in the Kyoto Protocol that provides for emissions reduction projects which generate Certified Emission Reduction units (CERs) which may be traded in emissions trading schemes.
GS CER & GS VER Projects
The Gold Standard (GS), or Gold Standard for the Global Goals, is a standard and logo certification mark program for non-governmental emission reductions projects in the Clean Development Mechanism (CDM), the Voluntary Carbon Market and other climate and development interventions. It is published and administered by the Gold Standard Foundation, a non-profit foundation headquartered in Geneva, Switzerland.
It was designed with an intent to ensure that carbon credits are real and verifiable and that projects make measurable contributions to sustainable development. Its objective is to add branding, with a quality label, to carbon credits generated by projects which can then be bought and traded by countries that have a binding legal commitment according to the Kyoto Protocol, businesses or other organizations for carbon offsetting purposes.
A standard for creating high-quality emission reductions projects in the Clean Development Mechanism and Voluntary Carbon Market. It was designed to ensure that carbon credits are not only real and verifiable but they make measurable contributions to Sustainable Development Goals worldwide.
Voluntary Carbon Standards (VCS)
This is a standard for voluntary carbon offset market. Based on the Kyoto Protocol’s Clean Development Mechanism guidelines, VCS establishes criteria for validating, measuring, and monitoring carbon offset projects.
Individuals and corporations around the world are recognizing the importance of reducing their GHG emissions. As a result, many of them are reducing their carbon footprints through energy efficiency and other measures. Quite often, however, it is not possible for these entities to meet their targets or eliminate their carbon footprint, at least in the near term, with internal reductions alone, and they need a flexible mechanism to achieve these aspirational goals. Enter the carbon markets.
By using the carbon markets, entities can neutralize, or offset, their emissions by retiring carbon credits generated by projects that are reducing GHG emissions elsewhere. Of course, it is critical to ensure, or verify, that the emission reductions generated by these projects are actually occurring. This is the work of the VCS Program – to ensure the credibility of emission reduction projects.
Global Carbon Council (GCC)
Global Carbon Council (GCC) is a new initiative by the Gulf Organization for Research and Development which aims to contribute to a Vision of sustainable and low carbon economy, and helping people to preserve the environment.
Global Carbon Council (GCC) follows complete transparency and public consultation processes in its aims to:
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Develop simplified and user-friendly methodologies with objective, stringent but consistent rules for baseline setting, additionality demonstration, emission reduction calculations and monitoring of projects.
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Follow stringent and robust processes for registration of GCC projects and issuance of Approved Carbon Credits (ACCs).