Carbon Credits Life Cycle Management
Carbon credits are key enabler in the global climate change pledge to mitigate carbon emissions by providing as a quantifiable metric for greenhouse gas reduction. To put simply, each carbon credit is a reduction of 1 tonne of CO2 from the atmosphere.
Carbon Market Life Cycle
The carbon credit lifecycle consists of three key phases: Project Development: The stage in which a developer designs and implements the project. Issuance: The stage where verified carbon credits are formally generated. Retirement: The stage in which credits are permanently removed from circulation and applied toward meeting climate commitments.
Sustainable Investment Project
- Verification
- Audits
- Qualification
GHG Emission Registry
- Validation
- Audited Claims converted into Carbon Credits
Buyers: Offsets against entity operations
- Purchase from registry
- Carbon credits are transferred to buyer
Source of Carbon – An emission reduction initiative or a CO₂ absorption project, such as Carbon Capture, Utilization, and Storage (CCUS) or nature-based solutions like afforestation.
Global Carbon Registry – An authentic and credible platform for recording and verifying carbon credits.
Carbon Credit Buyer – An organisation whose operations or strategy require offsetting emissions growth through registered carbon credits.
Project (Sustainable Investment) Process in generating
gold standard carbon credits
The trading of carbon credits in local or international
markets while maintaining NetZero challenge.
The process encompasses achieving net zero effect...
by offsetting or reducing emissions equivalent to the carbon credit generated.
Emission reduction investments synonyms with Carbon offset projects transcend geographical boundaries, addressing emissions and sustainability challenges worldwide. For example, a hydrogen generating energy project in one country can offset emissions from another countries manufacturing site, highlighting the integrating nature of the global carbon market. Carbon credit trading occurs in both compliance and voluntary markets. Compliance markets are mandated by regulatory bodies, with entities subject to emissions limits purchasing credits to meet their obligations. Voluntary markets enable business entities to voluntarily buy credits to offset their emissions and demonstrate their commitment to sustainability.
S3ECO helps businesses to integrate their emission reduction sustainable investment projects into the global carbon market ecosystems to achieve their NetZero targets in aligned with countries Paris climate pledge.