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Some initiatives focus on improving the quality of current carbon offset and credit projects. The Integrity Council for the Voluntary Carbon Market (ICVCM) has published a draft set of principles for determining a high integrity carbon credit. These are known as the Core Carbon Principles. Final guidelines for this program are expected in late ...
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. [2]
In 2005, carbon markets investment advisory firm Climate Wedge and its partner Cheyne Capital designed and drafted the first version (version 1.0) of the Voluntary Carbon Standard, intended as a quality standard for transacting and developing "non-Kyoto" Protocol carbon credits. Those were voluntary carbon emissions reductions from greenhouse ...
The company purchased and retired carbon credits from a project in Colombia called Acapa, which is part of the nonprofit Verra registry, an organization that sets standards for carbon market ...
Differentiating carbon credits based on their outcomes—reducing emissions, protecting carbon sinks, and removing carbon dioxide from the atmosphere—can steer carbon-market money in the right ...
Under California’s cap-and-trade program, the state issues carbon credits—the equivalent of one ton of CO2—to owners of so-called offset projects, which are made up of forest land set aside ...
Certified emission reduction units (CERs) by country of origin October 2012 Certified emission reduction units (CERs) monthly spot prices 2012. Certified emission reductions (CERs) originally designed a type of emissions unit (or carbon credits) issued by the Clean Development Mechanism (CDM) Executive Board for emission reductions achieved by CDM projects and verified by a DOE (Designated ...
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