From emissions to ambitions
The voluntary carbon market (VCM) allows participants to purchase carbon credits, known as carbon offsets, to mitigate their GHG emissions resulting from manufacturing processes, electricity use, and transportation. VCM encourages the financing towards activities that reduce GHG emissions. Over time, companies have been tackling climate change on a global scale by using independently Verified Emissions Reductions (VERs).
The popular credits in the Voluntary Market are VERs and VCUs. These credits represent the removal of one ton of CO2 from the atmosphere. VERs and VCUs that reduce emissions through afforestation, reforestation, energy efficiency, and renewable energy projects are issued to project developers. For companies that retire these credits, carbon offsetting becomes possible.
Different stakeholders drive demand in this market
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What is Carbon Offsetting?
What is Carbon Offset ‘Retirement’ and how is it Publicly Viewable?
All Carbon Footprint Ltd's carbon retirements are audited as part of the QAS process to check that we have retired enough carbon credits of the appropriate type and standards to meet all out annual carbon offset sales.
How do we know the carbon offset has been made?
Originally set up by the UK Government. It is now run by as an independent not-for-profit organisation.
The QAS independently audits all Carbon Footprint Ltd’s carbon offsetting to a rigorous 40 point plan annually.
The auditing is completed by AEA – Ricardo, global experts who produce the annual UK Carbon Conversion factors and methodology that are the industry touchstone for greenhouse gas reporting.
What is the solution to climate change?
• Fully Decarbonising Transport.
• Stopping Deforestation.
• Planting lots more trees.
• Reduce emissions from farming / agriculture and significantly reducing the consumption of meat.