What is a Carbon Offset and How Does it Work?
In an era when the impact of our actions on the environment has never been clearer, the concept of carbon offsetting has emerged as a powerful tool to reduce greenhouse gas emissions. Carbon offsetting involves compensating for the carbon emissions generated by investing in projects aimed at reducing emissions elsewhere. But what exactly is a […]
The Role of VCM in Advancing SDGs
The Sustainable Development Goals (SDGs) were launched in 2015 as goals for 2030. Some progress is undeniable but half of the SDG targets are moderately and severely off track and 30% of the targets show no progress or even regression from 2015. The UN Secretary-General Antonio Guterres concluded the SDG Summit on 19 September 2023 […]
What is Carbon Credit Retirement? An Overview of the Carbon Credit Lifecycle
Companies are increasingly recognizing their impact on the climate, taking ownership of their carbon footprint, and seeking innovative ways to reduce it. They are developing strategies to decarbonize their operations, with carbon credits playing a crucial role in achieving net-zero emissions goals. While carbon credits can vary widely in their attributes, they all go […]
Perspectives and Challenges in Latin America and the Caribbean
In recent years, the global landscape has witnessed a concerted effort to streamline carbon credit initiatives, bridging the gap between supply and demand. Spearheading this movement are initiatives defining ‘integrity’ like the ICVCM’s Core Carbon Principles on the supply side and VCMI’s Claims Code of Practice on the demand side. Governments across continents, such […]
Carbon Credits: A Sustainable Solution for Businesses
In today’s rapidly changing world, the need for solutions to address climate change have become more pressing than ever. Carbon credits offer businesses a unique opportunity to not only support their decarbonization journey but also support projects that are making strides toward addressing other sustainable development challenges. While there is certainly a need […]
How the Voluntary Carbon Market is Paving the Way to Address Climate Change
In a world grappling with the urgent need to combat climate change, the Voluntary Carbon Market (VCM) has emerged as a powerful tool for unlocking the potential to address climate change. As governments and businesses alike seek innovative solutions to reduce greenhouse gas emissions, this market offers a unique opportunity to invest in projects […]
What is driving Australia’s carbon price?
It has been a turbulent year for Australia’s carbon market with two government reviews, changes to compliance regulations under the Safeguard Mechanism and intense scrutiny of a number of Australian Carbon Credit Unit (ACCU) methodologies resulting in a bumpy ride for investors. Over the past 12 months, VAI data shows the generic Australian Carbon Credit […]
VAI Analysis Reveals Carbon Price Drivers
It’s been a rollercoaster ride for carbon markets over the past 12 months, with policy changes and ongoing scrutiny seeing some of the most historically stable carbon credits facing price pressure. The latest analysis from carbon credit pricing platform, VAI, shows that despite some negative market sentiment certain methodologies and geographies continue to trade […]
Calculating Carbon Footprints
8 steps that businesses can use to calculate their carbon footprint Calculating a business’s carbon footprint involves assessing and quantifying the greenhouse gas emissions associated with its activities. The specific methodology can vary depending on the industry and the level of detail desired, but here are the general steps typically involved in calculating a business’s […]
Avoidance and removal classification
What’s the difference between removal and avoidance classification? In the context of carbon projects, the terms “removal” and “avoidance” refer to different approaches for reducing greenhouse gas (GHG) emissions. Here’s an explanation of removal and avoidance classification: Removal Carbon Project A removal carbon project focuses on removing or sequestering carbon dioxide (CO2) from the […]