In the context of regulated carbon markets, a “carbon credit” represents an emission permit issued by a government, authorizing its holder to emit one metric tonne of greenhouse gases (GHGs). Regulated carbon credits are used by corporations to comply with their emission limits set by regulation.
Outside of regulated markets, we refer to carbon offseting mechanisms. These voluntary initiatives aim to provide everyone with the opportunity to invest in projects that yield climate benefits, with the intent of offsetting their own GHG emissions.
Given that the terms “carbon offset” or “carbon offsetting” are not regulated, there is a vast array of project promoters who claim to offer carbon offset solutions.
Faced with the difficulty for a person wishing to effectively offset their GHG emissions in distinguishing credible and genuine offset projects that have a real, rather than symbolic, climate impact, various organizations have emerged over time to quantify climate impacts and certify projects.
In this context, Planetair has chosen to support Gold Standard certified projects, considered as the most reputable standard to ensure the quality and integrity of voluntary carbon offset projects. These projects are subject to stringent verification, transparency, and traceability standards to ensure that the funded projects truly reduce GHG emissions and yield long-term climate benefits. Gold Standard projects are recognized as the most rigorous and credible in this sector.