All members have in - depth knowledge about science - based target setting or expertise
in voluntary emission reduction target setting in a corporate context.
Simultaneously the consensus science tells us that even if
voluntary emission reduction commitments are perfectly implemented (an optimistic scenario), warming is likely to reach 3 ˚C to 4 ˚C in the course of the century, and quite possibly much higher.
The approval of the Mid-South rice modules therefore marks an important milestone in broadening the opportunities for agriculture producers to participate in carbon markets, incentivizing adoption
of voluntary emissions reduction practices.
The VCS will ensure that all project -
based voluntary emission reductions that are independently verified to meet its criteria — defined as Voluntary Carbon Units (VCUs)- represent real, quantifiable, additional and permanent project - based emission reductions.
The aim of the UN SEED 2013 Global Award Winning «Trees for Global Benefit (TGB) is to produce long - term, verifiable
voluntary emission reductions by combining carbon sequestration with rural livelihood improvements through small - scale, farmer led, forestry / agroforestry projects while reducing pressure on natural resources in national parks and forest reserves.
It's widely accepted that
voluntary emissions reductions alone will not be enough to reach the goal of the 2016 Paris agreement to keep this century's global temperature increase below 2 °C, leading some policy makers and scientists to argue that geoengineering techniques should also be considered to limit the impacts of global warming.
The Australian Government has committed $ 10m over five years as part of the Caring for our Country initiative to facilitate Indigenous land management participation in existing
credible voluntary emissions reduction markets and position them for entry into emerging trading markets.
However, the company's energy trade department also advises and sells offsets to other companies wishing to fulfill compliance or
voluntary emissions reductions.
India is going forward with large numbers of new coal plants and completely ignoring
any voluntary emissions reduction commitment discussed under the Paris agreement.
Avoided deforestation is currently only recognized as
a voluntary emission reduction (VER) scheme, but it is expected that the concept will be embraced at the December U.N. climate (COP - 13) meetings in Bali, especially if proof - of - concept projects are showing signs of success.
Thus far, the United States has not articulated any willingness to go beyond
the voluntary emissions reductions commitment it made in Copenhagen three years ago.
The International Carbon Reduction and Offset Alliance (ICROA) brings together firms offering carbon management services, to promote best practice approaches to
voluntary emissions reductions.
According to data by CDP, 80 % of the largest global companies already have
voluntary emission reduction or energy targets of some form.