Carbon Credits 101

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.

Learning Outcomes

On successful completion of this webinar, participants should be able to:

Benefits

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.