Carbon Credits 101
Find the answers to your carbon offsetting questions—including: What are carbon credits? How do emissions reductions work? What is the financial and environmental rationale for offsetting? How are projects developed and certified? What project types are there? What are co-benefits? Who buys carbon offsets? What are their priorities?
This webinar discusses carbon credits as verified certificates that represent the reduction of one tonne of carbon dioxide equivalent from the atmosphere. Building on the previous two webinars, compliance and voluntary carbon markets are introduced.
The presenter gives an overview of the process for developing emissions reductions projects—involving baseline definition, certification, monitoring, reporting and verification, as well as credit issuance. Important project standards, such as Gold Standard (GS) and Verra’s Verified Carbon Standard (VCS) are explained. The presenter summarises the two most popular project types in the voluntary market: land-based/forestry and renewable energy. Details such as industry sector, motivations and willingness to pay of companies actively purchasing carbon credits to compensate for their unavoidable emissions are presented.
Finally, co-benefits are introduced as economic, social and environmental impacts of projects that go beyond lowering greenhouse gas emissions. The importance of co-benefits for contributing the United Nations Sustainable Development Goals (SDGs) is highlighted.
On successful completion of this webinar, participants should be able to:
This webinar series will equip participants with an understanding of how organisations can take climate action to build organisational resilience in the context of global warming and growing climate risks.
Participants will learn the basic principles of greenhouse gas accounting and its role in setting effective sustainability targets that can direct organisations onto a decarbonisation trajectory in order to do their part in reducing global emissions and meeting the goals of the Paris Agreement.
Head of Climate Action, South Pole
Thomas Schröder has 20 years of international experience in sustainability, retail and corporate real estate. He holds a PhD in Economics from the University of St. Gallen, Switzerland. Fluent in English, French, Portuguese, Spanish and German, Thomas built up South Pole’s global Marketing Team as Director for five years, and is now Head of Climate Action. Prior to joining South Pole, he worked for leading Swiss retailer Migros, where he founded m-way electric mobility stores.
Topic: Future Focused, People & Leadership
Sub-Topic: Business Planning & Analysis, Future of Business, Operational Excellence, Strategy
Format: Recorded Webinar
Proficiency Level: Foundation, Intermediate, Advanced
CPD: Upto 1 hours