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 […]
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 […]
Carbon pricing: why it’s important for tackling climate change
5 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 planet, and […]
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 […]