Our experts can help you build a carefully curated portfolio of high quality carbon credits to meet your climate goals and achieve Carbon Neutrality. Examples include:-
DEFRA Carbon Offset Good Quality Criteria
Additionality – Projects must demonstrate that they have produced a saving in carbon that would not have happened otherwise.
Avoiding leakage – The project must demonstrate that it has not caused leakage / an increase in carbon emissions elsewhere.
Permanence - If the project could be impermanent, (e.g. forestry projects are at risk of disease or fire) then this must be addressed by the project developer or offset provider.
Validation and verification - The project must receive independent verification. The verifier must be an accredited and recognised independent third party.
Timing – Carbon credits should be ex-post, that is, they must only have been issued from the project after the emissions reduction has taken place.
Avoiding double counting – A registry must be used to register, track and permanently cancel credits to avoid double counting or double selling.
Transparency - Credits should be supported by publicly-available information on a registry to set out the underlying projects, the quantification methodology applied, independent validation and verification procedures, project documentation.
Source: HM Government Environmental Reporting Guidelines - page 115.