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Carbon Offset Grant Fund

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NET ZERO 

You are closer to achieve carbon net zero than you think

By 2050, CO2 emissions will need to reach “net zero” – where emissions are in balance with removals – to sustain this chance. Such reductions will require worldwide action by national and local governments, along with businesses and civil society.

 

 

this needs to be added. 

forest info

why go carbon net zero

certificates etc. 

1. Methodology development. Before any GHG reductions
can be certified for use as carbon offsets, they must be shown
to meet carbon offset quality criteria. This process requires a
methodology or protocol that is specific to the type of offset
project generating the reductions. Most carbon offset programs
have a library of approved methodologies covering a wide range of
project types. However, project developers may also propose new
methodologies for program approval and adoption.
Purchasing options: In rare cases, a prospective offset credit buyer
may sponsor the development of a methodology for a new project
type that is not already eligible in existing offset programs. This
effort can be a resource-intensive – and risky – but could make
sense for organizations with a strong interest in a new type of
project activity.
2. Project development, validation, and registration. An offset
project is designed by project developers, financed by investors,
validated by an independent verifier, and registered with a carbon
offset program. Official “registration” indicates that the project has
been approved by the program and is eligible to start generating
carbon offset credits after it begins operation (next step).
Purchasing options: Some offset credit buyers directly invest in an
offset project in return for rights to (some portion of) the credits
the project is able to generate. This approach can allow for deeper
engagement and a fuller understanding of a project’s strengths
and weaknesses.
Alternatively, a commonly used purchasing option is to contract
directly with a project developer for delivery of carbon offset
credits as they are issued. Such contracts generally take the form
of “Emission Reduction Purchase Agreements” (ERPAs). An ERPA
provides project developers with confidence that they will be
able to sell a reliable volume of offset credits. For buyers, the
advantage is being able to lock in a price for offset credits that is
typically lower than market prices (in exchange for some delivery
risk). ERPAs can be structured in numerous ways, including as
option contracts
3. Project implementation, verification, and offset credit
issuance. An offset project is implemented, then monitored
and periodically verified to determine the quantity of emission
reductions it has generated. The length of time between
verifications can vary, but is typically one year. A carbon offset
program approves verification reports, and then issues a
number of carbon offset credits equal to the quantity of verified
CO2-equivalent GHG reductions. Offset credits are generally
deposited into the project developer’s acc

GOOD FOR THE ENVIRONMENT AND THE COMMUNITY

The fund only supports carbon offset projects which are both ecologically and socially effective, with clear sustainable development benefits, such as including positive impacts on the well-being of the community hosting the project, strong biodiversity, job creation, and supporting educational programmes.

Be the next. Do something great and start your journey to carbon neutrality today