A transferable or tradable instrument that represents one metric tonne of CO2eq emission reduction or removal and is issued and verified according to recognised quality standards.
A transferable or tradable instrument that represents one metric tonne of CO2eq emission reduction or removal and is issued and verified according to recognised quality standards.
Quality standards for carbon credits ensure that they can be verified by independent third parties, have publicly available requirements and project reports, and meet criteria such as additionality, permanence, avoidance of double counting, and rules for calculating, monitoring, and verifying GHG emissions and removals.
Learn moreGlobal Warming Potential (GWP) is a universal unit of measurement that compares the impact of greenhouse gases to carbon dioxide. It helps assess the release or avoidance of different gases in a standardized manner.
Learn moreEmission reductions refer to a decrease in greenhouse gas emissions by a company or organization. This can be achieved through various means such as energy efficiency, decarbonization of suppliers, or changes in activities. Removals and avoided emissions are not considered as emission reductions.
Learn moreThe gases listed in Part 2 of Annex V of Regulation (EU) 2018/1999 include CO2, CH4, N2O, SF6, NF3, HFCs, and PFCs. These gases contribute to climate change and are regulated by the European Parliament and Council.
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