The voluntary carbon market (VCM) allows participants to purchase carbon credits to mitigate their GHG emissions resulting from manufacturing processes, electricity use, and transportation. VCM encourage the financing towards activities that reduce GHG emissions. Over time, companies have been tackling climate change on a global scale by using independently Verified Emissions Reductions (VERs).
The popular credits in the Voluntary Market are VERs and VCUs. These credits represent the removal of one ton of CO2 from the atmosphere. VERs and VCUs are issued to project developers that reduce emissions through afforestation, reforestation, energy efficiency, and renewable energy projects. For companies that retire these credits, carbon offsetting becomes possible.
Achieve ambitious climate goals
The Voluntary Carbon Market (VCM) provides access to emission reductions or removals through offsetting projects implemented worldwide.
Easy and intuitive
Companies can participate in the Voluntary Carbon Market (VCM) either individually or as part of an industry-wide scheme.
Voluntary carbon credits are significantly more fluid, unrestrained by boundaries set by nation-states or political unions.
Rigorous for integrity
Verified and measured carbon credits by extensive international standards to bring solutions to the climate change crisis.
Different stakeholders drive
demand in this market
Corporate Social Responsibility
Companies that are active in CSR initiatives and sustainable developments show better financial results over time.
Industries & Environmentally Aware Individuals
Both players seeking carbon neutrality can compensate their emissions or provide an additional contribution to mitigating climate change.
Sustainable investments and green finance interest are growing year after year and are becoming more profitable.
How does the voluntary market work?
The VER credits are originated from a variety of projects implemented all over the world. Many projects use established technologies like renewables, while others focus on exploring pioneer technologies. These projects have provided positive social impact, reforestation, energy savings, clean water, economic improvement, and stable households.
The validation and verification processes are similar to Clean Development Mechanism (CDM) based on rigorous methodologies and strict third-party verification processes (CERs). Once issued, these credits are held in digital registries and freely exchangeable.