Calculating carbon footprints
Eight 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 classifications? 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 each: Removal Carbon Project: A removal carbon project focuses on removing or sequestering carbon dioxide (CO2) from the atmosphere. It involves activities […]
Carbon pricing: why it’s important for tackling climate change
Five reasons why carbon pricing is important for tackling climate change Carbon pricing is important because it is an effective market-based tool to address the issue of climate change. It puts a price on carbon dioxide (CO2) and other greenhouse gas emissions, encouraging businesses, industries, and individuals to reduce their emissions and transition to cleaner […]
Sustainable development goals: How are they linked to carbon credits
Understanding how sustainable development goals are linked to carbon credits Sustainable Development Goals (SDGs) and carbon credits are interconnected through their shared objective of addressing climate change and promoting sustainable development. The SDGs are a set of 17 global goals established by the United Nations in 2015, aiming to end poverty, protect the […]
High-integrity labels for carbon credits
The international carbon market is expecting new quality and integrity qualifiers from July 2023 that will provide further transparency and certainty to those buying carbon credits. Identifying high-integrity carbon credits The Integrity Council for the Voluntary Carbon Market (ICVCM) has confirmed new labels will be introduced in Q3 (from July 2023). These labels […]
Guide to the Viridios AI carbon project taxonomy
What are the different types of carbon credits in the Voluntary Carbon Market? As the voluntary carbon market has grown, each standard developed their own methodologies for categorizing carbon offset projects and verifying the outcomes. And, while there is some overlap, the five major standards for voluntary carbon markets list a combined total of 96 […]
Voluntary carbon credits: Why they are not a commodity
How understanding Voluntary Carbon Market (VCM) credits as an asset class impacts pricing behavior Voluntary Carbon Market (VCM) credits are a fundamentally misunderstood asset class. They are being positioned as a commodity when, in reality, they are much more like corporate bonds. This is reflected in the confusing divergence of price curves between the Nature-Based Global […]