FAQs
Frequently asked questions
What is carbon credit?
A carbon credit is a tradable permit representing one tonne of carbon dioxide (or its equivalent in other greenhouse gases) removed or reduced from the atmosphere through a verified project. Companies or individuals can purchase these credits to offset their own emissions, essentially funding projects that contribute to climate change mitigation.
What are carbon offsets?
Carbon offsets represent a reduction or removal of greenhouse gas emissions made to compensate for emissions occurring elsewhere. By purchasing carbon offsets, individuals or organizations can fund projects that reduce emissions, effectively neutralizing their own carbon footprint.
What is an accredited carbon offset project?
An accredited carbon offset project is a project that has been independently verified by a recognized third-party organization to ensure it genuinely reduces or removes greenhouse gas emissions from the atmosphere. These projects adhere to strict standards and methodologies to guarantee the quality and integrity of the carbon credits they generate, providing confidence that each credit represents a real and additional environmental benefit.
What is the Paris Agreement?
The Paris Agreement is a global treaty adopted in 2015 under the United Nations Framework Convention on Climate Change (UNFCCC). It aims to combat climate change by limiting global warming to well below 2 degrees Celsius above pre-industrial levels, with an aspirational target of limiting it to 1.5 degrees Celsius. Countries that are parties to the agreement pledge to reduce their greenhouse gas emissions, enhance climate resilience, and provide financial support to developing nations. It emphasises a bottom-up approach, with each country setting its own climate targets and regularly reporting on progress.
How can I contact you?
You can reach us by [phone number/email address/contact form link]. We are always happy to answer your questions.
What is the Kyoto Protocol?
The Kyoto Protocol is an international treaty adopted in 1997 under the UNFCCC. It established legally binding emissions reduction targets for developed countries (Annex I parties) during the first commitment period (2008-2012). These countries committed to reducing their greenhouse gas emissions collectively. The protocol introduced market-based mechanisms like emissions trading and the Clean Development Mechanism (CDM) to help countries meet their targets. The Kyoto Protocol is distinct from the Paris Agreement, which includes both developed and developing countries and employs a more flexible and voluntary approach to emissions reductions.
What does carbon neutral mean?
Carbon neutral means achieving a balance between the carbon emissions released into the atmosphere and the carbon removed from it. This balance is achieved by reducing emissions wherever possible and then offsetting the remaining emissions through projects that absorb or prevent greenhouse gases.
What is the difference between a carbon credit and a carbon offset?
A carbon offset is a reduction or removal of greenhouse gas emissions that is used to compensate for emissions occurring elsewhere. A carbon credit is a tradable instrument representing the right to emit one metric ton of carbon dioxide equivalent; it is generated by a project that reduces or removes greenhouse gas emissions. In essence, offsets are the action, while credits are the measurable, tradable units resulting from that action.
How can businesses benefit from carbon offsetting?
Reduce Environmental Impact
Enhance Corporate Social Responsibility (CSR)
Meet Stakeholder Expectations
Improve Brand Image and Attract Customers
Manage Operational Risks
Achieve Carbon Neutrality or Net-Zero Goals
Support Sustainable Development
What is the difference between carbon removal and carbon avoidance projects?
Carbon avoidance projects prevent the release of greenhouse gases into the atmosphere, like protecting existing forests that store carbon. In contrast, carbon removal projects actively extract CO2 from the atmosphere, such as through reforestation or direct air capture technologies.
