Voluntary Carbon Offsetting
As the pressure on organizations to address climate change has increased over time, it has become widely recognized that government action alone is insufficient to mitigate the impacts of carbon emissions and reverse the rising global temperature. In response, both individuals and corporations have voluntarily taken it upon themselves to contribute to the fight against global warming and climate change, in addition to complying with mechanisms such as CDM, regional ETS, and carbon tax.
To optimize their internal processes and reduce the carbon intensity of their products and services, these actors often first seek out economical solutions to reduce their emissions. After reaching a certain level of abatement, further reduction of emissions is not economically feasible, and carbon offsetting can help them bridge the gap towards achieving their carbon neutrality goals.
However, selecting the right kind of carbon offset can be a significant challenge. It is important to ensure that the reductions are real, additional, quantifiable, permanent, and third-party verified. Certification standards like the Gold Standard Foundation (GS) and the Global Carbon Council (GCC) can also be used to map, track, verify, and certify the additional impacts created by the offset projects with respect to the Sustainable Development Goals (SDGs).
At DeCarbonic, our team of professionals can take care of all the necessary due diligence on your behalf to ensure that you acquire the right kind of carbon offset from the right project, one that aligns with your organization’s interests and priorities.