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When an entity invests in a carbon offsetting program, it receives carbon credit or offset credit, which account for the net climate benefits that one entity brings to another. After certification by a government or independent certification body, credits can be traded between entities.
The International Carbon Reduction and Offset Alliance (ICROA) is an industry trade group for providers of voluntary carbon offsets. It was established in 2008, and aims to promote industry self-regulation based on its ICROA Code of Best Practices. Members produce an annual report demonstrating compliance with the ICROA Code. [1] [2] [3] [4]
Voluntary Emission Reductions or Verified Emission Reductions (VERs) are a type of carbon offset exchanged in the voluntary or over-the-counter market for carbon credits. [1] Verified Emission Reductions are usually certified through a voluntary certification process.
A business credit card has features you won’t find with a business line of credit. That may include cash back or travel rewards, employee cards, discounts on business-related purchases and the ...
The Verified Carbon Standard (VCS), formerly the Voluntary Carbon Standard, [1] is a standard for certifying carbon credits to offset emissions. [2] [3] VCS is administered by Verra, a 501(c)(3) organization. [4] Verra is a certifier of voluntary carbon offsets. [5]
TerraPass has entered into several business partnerships: In August 2006, TerraPass began selling airplane emission offsets through Expedia. [4] Expedia offsets are intended to offset the specific flight(s) booked through the travel site.
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