A unit used to express the total amount of greenhouse gases emitted as a result of a specific activity. It represents the amount of carbon dioxide (CO2) that would have the same warming effect on the atmosphere as the sum of all the greenhouse gases emitted. Other more powerful greenhouse gases are measured in terms of the carbon dioxide equivalence of their impact.
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24 September 2026
Refers to the period – usually a calendar year – in which an emissions reduction, avoidance or removal takes place. Carbon credits are often listed as being of a particular vintage.
24 September 2026
Voluntary Emission Reductions or Verified Emission Reductions. A general term used to describe project-based carbon credits.
9 September 2025
The iron and steel industry faces a significant challenge: how to continue producing the steel needed for infrastructure and economic growth while cutting carbon emissions.
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