Compensate your companies scope 1-2-3 emissions – and get your CSR and ESG reporting up to speed.
Carbon offsets explained.
The use of voluntary carbon credits, as part of a climate change mitigation strategy that includes reductions in carbon emissions, is a legitimate way for organizations to compensate for its emissions. This is especially so when other economically feasible means of climate change mitigation have been exhausted and there remain residual emissions.
We offer a list of curated projects, ideal for climate-conscious companies and corporate buyers looking to discover and compare quality carbon credits. We are happy to advise you about our available projects and their impact.
Carbon credits are making a real difference.
Regreener’s platform gives access to the worlds best projects and is fully
committed to the United Nationals Sustainable Development Goals (SDG’s).
If a project is certified this means that voluntary carbon credits have been issued. A carbon credit is a certificate representing one metric ton of carbon dioxide equivalent that is either prevented from being emitted into the atmosphere (emissions avoidance/reduction) or removed from the atmosphere as the result of a carbon-reduction project. For a carbon-reduction project to generate carbon credits, it needs to demonstrate that the achieved emission reductions or carbon dioxide removals are real, measurable, permanent, additional, independently verified, and unique. Additionally, it is important that appropriate safeguards are in place to ensure projects comprehensively address and mitigate all potential environmental and social risks.
If a project meets these criteria—as specified by independent standards such as Gold Standard and Verified Carbon Standard (VCS)—credits can be issued. The impact of a carbon credit can only be claimed—that is, counted toward a climate commitment—once the credit has been retired (cancelled in a registry), after which it can no longer be sold.1 In the case of our users, Regreener retires the credits their behalf.
For example, in case of a renewable energy project, the amount calculated is the amount of greenhouse gas emissions that the climate protection project reduces or avoids. If the renewable energy project avoids the emission of 100.000 metric tonnes of CO2, 100.000 credits are issued for this project. Once issued, these certificates can be traded on carbon markets. Once certificates are bought, these can be retired. A retired credit can never be traded again. Retiring a credit means taking it off the market. Therefore, the party that retires a certificate can claim the amount of CO2 (in metric tonnes) compensated through these certificates.
Before we invest in a certain project by buying and retiring carbon credits, we discuss the relevant project with one of our Climate Science Advisors, which are experts with a background in climate and environmental science.
Gold Standard was established in 2003 by WWF and other international NGOs to ensure projects that reduced carbon emissions featured the highest levels of environmental integrity and also contributed to sustainable development. Gold Standard is a standard and logo certification mark program for non-governmental emission reductions projects in the Clean Development Mechanism (CDM), the Voluntary Carbon Market and other climate and development interventions. It is published and administered by the Gold Standard Foundation, a non-profit foundation headquartered in Geneva, Switzerland. It was designed with an intent to ensure that carbon credits are real and verifiable and that projects make measurable contributions to sustainable development.
Gold Standard is considered the most rigorous climate standard by many NGOs, including WWF and the David Suzuki Foundation. Gold Standard verified projects provide additional social and community benefits in addition to high quality carbon offsetting. Gold Standard-certified projects have created over $20.5 billion in shared value for climate action and sustainable development.
Verified Carbon Standard (VCS) was founded in 2005 by environmental and business leaders who saw the need for greater quality assurance in voluntary carbon markets. VCS now serves as a secretariat for the various standards they develop and programs they manage, as well as an incubator of new ideas that can generate meaningful environmental and social value at scale. VCS is a global leader helping to tackle the world’s most intractable environmental and social challenges by developing and managing standards that help the private sector, countries, and civil society achieve ambitious sustainable development and climate action goals. The VCS Program is the world’s most widely used voluntary greenhouse gas (GHG) program. Over 1,600 certified Verra VCS projects have collectively reduced or removed more than 500 million tonnes of carbon and other GHG emissions from the atmosphere.
The impact and quality of a carbon-reducing project is measured by a third-party that certifies the project to international standards. These standards ensure that the projects are what we say they are: real, permanent and truely green. The third-party will monitor the project to ensure it delivers to its promises.
Additionally, these certification bodies also employ third parties to audit the projects to completely remove any conflict of interest in the reporting. The are different standards, but we have choosen to pick the best projects out there through Gold Standard and Verra Carbon Standard (VCS).
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