Learn more about the voluntary carbon market and REDD+ projects

Get to know the terms and intricacies of this topic

What is the voluntary carbon market?

Before we start, it is crucial to know that there are two types of carbon markets: regulated and voluntary

The voluntary carbon market is structured around the demand for carbon credits by companies and individuals who voluntarily wish to offset their greenhouse gas emissions. With the rise in commitments made by companies to meet carbon neutrality, the demand for carbon credits in the voluntary market has increased

This market emerged at the same time as the Kyoto Protocol, with the Voluntary Emission Reduction (VERs). The credits in this market are also audited by an independent entity.

And what about the regulated carbon market?

O mercado regulado de carbono teve sua primeira versão elaborada no Protocolo de Quioto (1997) devido às urgências vistas em relação às mudanças climáticas. Assim, alguns dos principais países emissores de gases de efeito estufa se comprometeram em reduzir suas emissões ao criar obrigações legais para empresas dentro de seus territórios, que poderiam também reduzir suas emissões ao investir em soluções de baixo carbono em países em desenvolvimento.

Neste mercado, os governos nacionais, estaduais e regionais, determinam esquemas fechados envolvendo setores específicos. O mercado regulado responde pela maior fatia do carbono é negociado no mundo.

What is a carbon footprint?

A carbon footprint is the volume of carbon dioxide (CO2) that each individual emits in a given activity/time period. Practically everything we do on our daily routines, directly or indirectly, emits greenhouse gases, given that our economy is still heavily dependent on fossil fuels and other pollutant activities.

What is a carbon credit?

1 carbon credit = 1 tonne of CO2 (or CO2 equivalent - referring to other greenhouse gases, whose emissions were avoided (or sequestered), verified, and certified by a third-party verifier).

In this market, the avoidance or sequestration of carbon emissions is converted into carbon credits, bought by companies, individuals, and legal entities who seek to offset their emissions.

O que é tCO2e?

tCO2e = tonelada de CO2 equivalente É um conceito utilizado para representar, em uma única medida, todos os gases do efeito estufa, que são convertidos em unidades equivalente de CO2, facilitando a medição das emissões.

What are REDD+ projects?

REDD = Reducing Emissions from Deforestation and forest Degradation. The + sign is used to represent the social and biodiversity gains that occur throughout the project development and implementation.

São projetos que têm como objetivo evitar o desmatamento de florestas e, através de uma metodologia certificada pelo Verra, gerar créditos de carbono que permitem remunerar aqueles que mantém as florestas em pé e investir no desenvolvimento das comunidades locais.

The step-by-step of a REDD+ project development

We identify an area that is, or is running the risk of, being deforested

We develop, alongside the landowners, a project to stop deforestation, protect biodiversity, and include local communities in the process

We constantly monitor the area to assure deforestation is halted and CO2 emissions are being avoided

We measure the volume of avoided emissions and convert those into carbon credits, bought by companies and legal entities that seek to offset their CO2 emissions. Carbonext destines 70% of this revenue to land protection.

How do REDD+ projects generate carbon credits?

Once the carbon inventory of the project area has been calculated, we are able to trace how much carbon dioxide would be emitted if that area was deforested. In this sense: 1 tonne of carbon dioxide = 1 carbon credit.

After Verra, an international organization which guarantees the integrity and validation of carbon credits certifies the project, credits are spread into annual "harvests", in reference to the amount of carbon dioxide expected to be emitted in the area in the absence of the project.

What does it means to be carbon neutral?

To be carbon neutral is to reduce your greenhouse gas emissions as much as you can, and offset those you cannot reduce. Offsetting the remaining emissions is possible through the purchase of carbon credits.

What is Verra?

Verra is an international non-profit organization based in Washington D.C. that validates and certifies most of the carbon credit projects developed worldwide.

The Verra standards are used as pillars to guide and validate the voluntary carbon market, ensuring that the transacted credits are upright and are really equivalent to emission reduction.

What is VCS?

VCS = Verified Carbon Standard (Padrão de Carbono Verificado)

The Verified Carbon Credit, or VCS, is the Verra pattern that dictates the rules and requirements that all carbon projects must follow to be validated and certified. All VCS projects are subject to independent Verra audits to assess the required patterns and metodologies are being correctly followed and applied.

VCS is the most adopted standard in the voluntary carbon market today.

What is VCU?

VCU = Verified Carbon Units

No Programa VCS, os projetos geram créditos de carbono exclusivos, conhecidos como Unidades de Carbono Verificadas ou VCUs.

Cada VCU representa uma redução ou remoção de uma tonelada de dióxido de carbono equivalente (tCO2e) alcançada por um projeto. Os VCUs são caracterizadas por uma série de princípios de garantia de qualidade que são confirmados por meio do processo de validação e verificação do projeto.

Os VCUs são, finalmente, adquiridas e retiradas por um usuário final (pessoa física ou empresa) como meio de compensar suas emissões. Todos os registros de emissão e retirada de VCU estão disponíveis publicamente no Registro Verra.

What is CCB?

CCB Standard = Climate, Community and Biodiversity Standards

O CCB Standard identifica projetos de gestão de terras que oferecem benefícios positivos para a mitigação das mudanças climáticas, para as comunidades locais e para a biodiversidade.

They can be applied to any land management project, including projects that reduce greenhouse gas emissions from deforestation and forest degradation (REDD+).

They evaluate these projects since their initial stages of development all the way to implementation and were developed by CCBA ( Climate, Community and Biodiversity Alliance) and are managed by Verra.

The future depends on the choices we make today

Do you want to help build a new future? By joining the Carbon Neutral Movement, you can preserve the Amazon Rainforest, reduce atmospheric pollution, and make a difference in the world