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The Gold Standard (GS), or Gold Standard for the Global Goals, is a standard and logo certification mark program, for non-governmental emission reductions projects in the Clean Development Mechanism (CDM), the Voluntary Carbon Market and other climate and development interventions. It is published and administered by the Gold Standard ...
Carbon offsetting is a carbon trading mechanism that enables entities such as governments or businesses to compensate for (i.e. "offset") their greenhouse gas emissions by investing in projects that reduce, avoid, or remove emissions elsewhere. [2] [3] [4] When an entity invests in a carbon offsetting program, it receives carbon credits.
Verified Carbon Standard. A carbon accounting standard and organisation. The Verified Carbon Standard (VCS), formerly the Voluntary Carbon Standard, [1] is a standard for certifying carbon credits to offset emissions. [2] [3] VCS is administered by Verra, a 501 (c) (3) organization. [4] Verra is the world's biggest certifier of voluntary carbon ...
Carbon accounting (or greenhouse gas accounting) is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. [3] It can also be used to track projects or actions to reduce emissions in sectors such as forestry or renewable energy.
The Clean Development Mechanism ( CDM) is a United Nations -run carbon offset scheme allowing countries to fund greenhouse gas emissions -reducing projects in other countries and claim the saved emissions as part of their own efforts to meet international emissions targets. It is one of the three Flexible Mechanisms defined in the Kyoto Protocol.
Certified emission reduction. Certified emission reductions ( CERs) originally designed a type of emissions unit (or carbon credits) issued by the Clean Development Mechanism (CDM) Executive Board for emission reductions achieved by CDM projects and verified by a DOE (Designated Operational Entity) under the rules of the Kyoto Protocol.
The idea of net zero came out of research in the late 2000s into how the atmosphere, oceans and carbon cycle were reacting to CO 2 emissions. This research found that global warming will only stop if CO 2 emissions are reduced to net zero. [18] Net zero was basic to the goals of the Paris Agreement.
Voluntary Emission Reduction. Voluntary Emission Reductions or Verified Emission Reductions (VERs) are a type of carbon offset exchanged in the voluntary or over-the-counter market for carbon credits. [1] Verified Emission Reductions are usually certified through a voluntary certification process. [2]
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