Carbon credits are measurable, verifiable emission reductions from certified climate action projects. These projects reduce, remove or avoid greenhouse gas (GHG) emissions. But they also bring a whole host of other positive benefits, for example: they empower communities, protect ecosystems, restore forests or reduce reliance on fossil fuels.
Projects must adhere to a rigorous set of criteria to pass verification by third-party agencies and a review by a panel of experts at a leading carbon offset standard like Verra or Gold Standard.
After an organisation or an individual buys a carbon credit, the credit is permanently retired so it can’t be reused.