Carbon standard setters or ‘standards’ establish thresholds and benchmarks that help to measure CO2 reductions, avoidances or removals achieved by carbon projects. These standards include independent monitoring and verification requirements and ensure that projects are in compliance with local laws and regulations. Watch the video below to learn more about the function of the carbon standard. This content was created in collaboration with Verra.
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19 November 2024
Article 6.4 of the Paris Agreement establishes the ‘Paris Agreement Crediting Mechanism’ – a framework for trading carbon credits from greenhouse gas reduction, avoidance or removal projects.
29 October 2024
This graphic illustrates how carbon trading actually works under the EU Emissions Trading System. Company B’s emissions are above its free allocation, meaning it doesn’t have enough allowances to comply with the system...
28 October 2024
Article 6 of the Paris Agreement lays out the principles and guidelines for a country-level carbon market, in which countries may generate carbon offsets either to meet their own emissions reduction targets...
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