ClimatePositive only purchases offsets in the “The Gold Standard” or “Verified Carbon Standard” programmes. They are two of the six registries chosen by the United Nations for its CORSIA scheme. For further details on CORSIA, click here.
- The Gold Standard
- Verified Carbon Standard
- American Carbon Registry
- China Greenhouse Gas (GHG)
- Voluntary Emission Reduction Program
- Clean Development Mechanism (CDM)
- Climate Action Reserve
These six registries were chosen after a lengthy research process. In its assessment and recommendation of registry programmes, the UN’s ICAO Councils Technical Advisory Body highlighted the following criteria:
Permanence:Carbon offset credits must represent emissions reductions, avoidance, or carbon sequestration that are permanent.
Additionality: Carbon offset programmes must generate units that represent emissions reductions, avoidance, or removals that are on top of any reduction or removals required by law, regulation or legally binding mandate.
Avoidance of double counting towards mitigation obligations:Measures must be in place to avoid double issuance, double use, and double claiming.
Monitoring, reporting and verification: Emissions reduction is calculated in a conservative and transparent manner, verified by an accredited independent entity
Public disclosure of sustainable development: A programme should list the criteria used regarding alignment with the SDGs.
Our view is the transparency offered by Gold Standard and VCS suits our customers. We have listened to that feedback, and by only funding projects in the Gold Standard and VCS programmes, our customers can be assured by the most rigorous verification possible.