In 2016, ICROA and Imperial College conducted a second research study that highlighted further how private investment into
voluntary carbon projects generates benefits to local communities in addition to mitigating climate change.
Therefore, it offers a cost effective way of evaluating the co-benefits of
voluntary carbon projects.
Not exact matches
The group is the first body in Israel to utilize
voluntary carbon offsetting through its own
carbon offsetting
projects.
«Some
voluntary programs are even writing the rules for regulated
carbon markets as governments outsource a growing list of market functions to independent bodies — leaning on their accumulated experience with
carbon offset
projects.»
COTAP's
carbon offset
projects, which counteract emissions through tree planting, agroforestry and forest protection, are all located in areas where income levels are less than $ 2 per day, and are certified under Plan Vivo, the world's longest - standing
voluntary standard for forest
carbon.
Keurig Green Mountain coffee roasters challenged their own success with
voluntary carbon reduction targets and, in partnership with NativeEnergy, helped create the Alex Little Soldier Wind Turbine
project — the nation's first, tribal - owned, large scale wind turbine on the Rosebud Sioux reservation in South Dakota.
In both the
voluntary carbon market and California's regulated
carbon market, ACR oversees the registration and verification of
carbon offset
projects following approved
carbon accounting methodologies or protocols and issues offsets on a transparent registry system.
In the
voluntary market, ACR oversees the registration and independent verification of
projects that meet ACR Standards and follow ACR approved
carbon accounting methodologies, which ensure accuracy, precision and rigor in the measurement, monitoring and
We expect the resulting offset
projects to be very popular in the
voluntary market, where buyers favor high quality
carbon offsets with a compelling story, such as those that manage, protect and replant forests.»
Our work has played an important role in the development of the
voluntary carbon market and our
project principles have widely influenced the debate about what counts as a valid
carbon offset.
It's the kind of monumental aspiration the UN is great at articulating but horrible at achieving — until you stop to consider that this «shift» actually reflects what's already happening in the
voluntary carbon markets, and it's being led by foresters, farmers, and
project developers.
Five years on, the track record in
voluntary carbon bears that out: with few exceptions,
voluntary REDD
projects work by helping local people develop sustainable livelihoods.
In the
voluntary carbon market there are many offset standards, which set criteria for the selection and evaluation of
projects.
The
voluntary carbon market (VCM) supports a range of
carbon offset
projects that also deliver various socio - economic and environmental co-benefits.
The wildlife federation award was given to Leonard for a variety of climate - change
projects, including being the first electric power company in the nation to establish and meet a
voluntary target reduction for
carbon pollution and establishing a $ 30 million fund to pay for
carbon reduction
projects, said Larry Schweiger, federation president and chief executive officer.
Through the Clean Development Mechanism (CDM) and
voluntary markets,
carbon finance is emerging as an attractive option to help scale - up cookstove
projects.
For example, the WBCSD is developing its Natural Climate Solutions
project to use the
voluntary carbon market to direct funding to land - use
projects that store
carbon.
In the early days of
carbon markets in the early 2000's,
voluntary offset quality was a mixed bag — some
projects were well - planned and some were not.
We're pleased to report that new offset
projects are already in the development pipeline utilizing the four new
voluntary carbon offset methodologies approved by ACR in 2012 including a first - of - akind methodology for emissions reductions from
We're pleased to report that new offset
projects are already in the development pipeline utilizing the four new
voluntary carbon offset methodologies approved by ACR in 2012 including a first - of - akind methodology for emissions reductions from Restoration of Degraded Deltaic Wetlands, a rigorous and pragmatic methodology for Reduced Use of Fertilizer on Agricultural Crops, a ground - breaking methodology for Truck Stop Electrification that offers air quality co-benefits, and long - awaited REDD methodology modules.
Based on current knowledge, it is expected that good quality
projects from the following programs from both the compliance and
voluntary carbon markets will be eligible: Clean Development Mechanism, Verified
Carbon Standard, Gold Standard, Climate Action Reserve, American
Carbon Registry, and a new mechanism which is being developed under the Paris Agreement.
The Regional Analysis examines the geography of
voluntary carbon markets — where offsets are produced, how prices,
project types, and standards vary by location, as well as developments shaping the
carbon market in each region.
Established in 1996 as the first
voluntary GHG registry in the world, ACR has over 15 years of unparalleled
voluntary carbon market experience in the development of rigorous, science - based offset methodologies and operational experience in the oversight of offset
project verification, registration, offset issuance and retirement reporting.
An understanding and some familiarity with
voluntary carbon markets and their role in tackling climate change, though in depth
projects knowledge is not needed
This senior
voluntary portfolio position is a pivotal role, sitting in between the
projects and
carbon supply market and business clients.
The
projects all mark important milestones in broadening the opportunities for farmers and landowners to participate in
carbon markets, incentivizing adoption of
voluntary actions to reduce emissions.
Participating farmers in this first rice
project will implement
voluntary management practices on their fields to reduce methane emissions, earning
carbon credits to be sold in the
voluntary and potentially the California
carbon markets.
The VCS remained the most popular
voluntary standard in the forest
carbon markets, with
projects developed according to VCS methodologies transacting 14.6 MtCO2e, or 46 % of all market activity.
But Ecosystem Marketplace's latest report on the
voluntary and compliance markets shows forest
carbon projects already having an impact an impact that could multiply if the right policy signals are sent.
In addition to its
voluntary carbon market activities, ACR is an approved Offset
Project Registry for the California Cap - and - Trade Program and works with the state regulatory agency to oversee the listing, verification and issuance of compliance - eligible Registry Offset Credits.
Projects adhering to the ACR standard contracted the largest volume of forest
carbon credits from any North American program... owing to their popularity among purely
voluntary buyers based primarily in the U.S.» Corporate Social Responsibility buyers of the two million ACR forest offsets transacted in 2011 included Norfolk Southern, General Motors / Chevrolet and The Walt Disney Company.
ACR has registered forest
carbon projects throughout the U.S., Brazil and Madagascar as well as a pipeline of high quality
voluntary projects around the world.
We would like to thank the companies who have pioneered the development of forest
carbon projects under our standard as well as those purchasing the offsets as an investment in the environment and to demonstrate
voluntary action to reduce emissions,» said John Kadyszewski, director of ACR.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy
Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based ex
Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy
Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based ex
Project (such as damages for breach of contract or liquidated damages for delays in
project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based ex
project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy
Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based ex
Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of
carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any
voluntary registry, association or market - based exchange.
Supporting
projects like Burn Stoves through
voluntary and compliance
carbon market mechanisms, allows Aviva to fully compensate for the emissions generated at its 16 international business locations, whilst it continues to invest in internal emissions reductions.
However, according to Professor Rosemary Rayfuse, an expert in International Law and the Law of the Sea at the University of New South Wales, Australia, who also attended the Woods Hole meeting, ocean fertilization
projects are not currently approved under any
carbon credit regulatory scheme and the sale of offsets or credits from ocean fertilization on the unregulated
voluntary markets is basically nothing short of fraudulent.
American
Carbon Registry (www.americancarbonregistry.org), an enterprise of Winrock International, is an Offset
Project Registry for the California cap - and - trade program as well as a leading
voluntary carbon market offset program recognized for its high standards for environmental integrity.
This methodology allows landowners and
project developers to document, quantify, and seek verification for the GHG benefit of their wetland restoration
projects, ultimately leading to certified offset credits that can be sold as
carbon credits in the
voluntary market.
The American
Carbon Registry, a leading
voluntary and California compliance Cap - and - Trade Offset
Project Registry, in 2012 approved a methodology developed by Tierra Resources, which quantifies the greenhouse gas emission reductions and
carbon sequestration associated with restoring degraded deltaic wetlands in the Mississippi Delta.
The high quality, serialized credits are from a wide range of
voluntary and California - regulated
carbon market
projects, including: reforestation, forest management, avoided conversion of forests, destruction of ozone depleting substances, mine methane capture, advanced refrigeration systems, transportation fleet efficiency, livestock manure management, avoided conversion of grasslands, rice cultivation, advanced formulation foam blowing agents, landfill gas capture, industrial processes and renewable energy.
By 2009, the plant employed more than 40 local residents and received
carbon credits from the
voluntary market to support the sustainability aspect of the
project.
But as early REDD
projects scramble to get off the drawing board and, initially at least, into the
voluntary carbon market, they also face a major challenge; the Peruvian government is still an estimated two years away from finalizing the country's national REDD framework.
The RSIV mechanism helps foster innovation in the
voluntary carbon market and provides many of the smallest
projects, which may have higher risk profiles, with the amounts of
carbon finance needed.
Carbon Trade Exchange (CTX), the world's first web - based electronic platform for spot trading of
voluntary carbon credits, and the American
Carbon Registry (ACR), the first U.S.
carbon offset standard organization and
project registry, will interface to trade ACR's entire range of diverse credits.
Experience with the
voluntary carbon market shows REDD
projects can lead to real reductions, if only a portion of avoided emissions is tradable, it factors in the total deforestation in a jurisdiction and creates a buffer for uncertainty.
A core part of many successful companies» sustainability strategy continues to be the reduction of
carbon emissions and also further
voluntary investment into
carbon reducing
projects elsewhere to compensate for their emissions.
In order to ensure ClimateCare can always meet and exceed its clients»
carbon offset requirements, the
Voluntary Portfolio Manager must always have access to new
projects and programmes to match up to client requirements, and manage the flow of funds to those
projects via the purchase of
voluntary carbon credits.
In 2006 Nike completed a decade - long
voluntary GHG emission reduction
project to replace the gas in the air bags in their athletic shoes, which were originally filled with sulfur hexafluoride (SF6), a greenhouse gas 22,200 times more powerful than
carbon dioxide.