Carbon units trading
Providing carbon units you need to offset your carbon emissions
Voluntary carbon markets
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Gold Standard Voluntary Emission Reductions (VER)
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Certified Emission Reductions (CER)
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Verified Carbon Standard (VCS)
Voluntary carbon markets (VCM) are neither legally mandated nor enforced but self-governed. Organizations/individuals (farmers) with operations that generate carbon offsets, can issue and sell them to companies/individuals who want to measurably decrease the amount of CO2 they emit. Given the flexibility of these markets, individuals and small organizations can sell their offset and profit from environmentally friendly activities.
Voluntary Emission Reductions or Verified Emission Reductions (VERs)
are a type of carbon offset exchanged in the voluntary or over-the-counter market for carbon credits. Verified Emission Reductions are usually certified through a voluntary certification process.
Verified Emission Reductions are usually created by projects which have been verified outside of the Kyoto Protocol. One VER is equivalent to 1 tonne of CO2 emissions. Through these schemes, industries and individuals voluntarily compensate for their emissions or provide an additional contribution to mitigating climate change.
VERs may be developed and calculated in compliance with one of several VER standards. These set out rules defining how emission reductions are measured. Standards provide assurance for buyers of VERs. At a minimum, all VERs should be verified by an independent third party.
Certified Emission Reductions (CERs)
are a type of emissions unit (or carbon credits) issued by the Clean Development Mechanism(CDM) Executive Board for emission reductions achieved by CDM projects and verified by a DOE (Designated Operational Entity) under the rules of the Kyoto Protocol.
CERs can be used by industrialized countries and economies in transition in order to comply with their emission limitation targets or by operators of installations covered by the European Union Emission Trading Scheme (EU ETS) in order to comply with their obligations to surrender EU Allowances, CERs or Emission Reduction Units (ERUs) for the CO2 emissions of their installations. CERs can be held by governmental and private entities on electronic accounts with the UN.
The Verified Carbon Standard (VCS) Program
is the world’s most widely used greenhouse gas (GHG) crediting program. It drives finance toward activities that reduce and remove emissions, improve livelihoods, and protect nature. VCS projects have reduced or removed nearly one billion tons of carbon and other GHG emissions from the atmosphere. The VCS Program is a critical and evolving component in the ongoing effort to protect our shared environment.
