11/24/2023 0 Comments Examples of carbon sequestrationThey are one tangible and effective tool and should only be purchased after a business has taken other steps to reduce carbon emissions.įorbes Nonprofit Council is an invitation-only organization for chief executives in successful nonprofit organizations.Lately, society has been putting a lot of pressure on trees to get us out of the climate change emergency we’re in. Do the arguments with regard to additionality make sense? Is it clear that the sale of carbon makes a difference in project operations?Īs a final reminder, it’s important to note that even additional carbon offsets are not some kind of magic pill or shortcut . Therefore, as businesses and NPOs consider investing in carbon offset programs, it becomes important to read the project documentation and understand how the project was created. Stakeholder Inclusion: The project should include views and inputs of stakeholders throughout the project process.Īs the Carbon Offset Guide reports, “The multiple criteria involved - plus the fact that critical criteria like 'additionality' are a matter of confidence rather than absolute truth, means that quality exists along a continuum.”.Common Practice: The same project activity is not common practice in the area and is being funded through other mechanisms, or that prevailing practice or existing regulatory and policy requirements result in the implementation of a technology with higher emissions.Legal: The project is not already legally required to do what it is doing.A Quality Offset Credit: According to the previously referenced Guide to Using Carbon Offsets, a quality offset credit "Must represent at least one metric tonne of additional, permanent, and otherwise unclaimed CO2 emission reductions or removals " is not overestimated should not come from "activities that significantly contribute to social or environmental harms to communities or biodiversity.".Guidelines for determination of additionality include: Social: Increased pressure on land due to population growth, social conflict, widespread illegal activities, land tenure, property rights, absence of defined property rights.Ecological: Degraded soil, catastrophic events or unfavorable meteorological events, and pressure from grazing signal significant obstacles to a lower emission scenario. ![]() ![]()
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