New to analyzing Carbon Offset Projects? Read our 1-minute primer on 5 Parameters of Carbon Projects.
- Additionality
Additionality ensures that carbon offset projects bring about change that wouldn't otherwise occur.
Measure this by conducting a "baseline scenario" analysis to understand what would happen without the project. If your project results in lower emissions compared to this baseline, it has additionality.
- Permanence
Permanence refers to how long carbon reductions last.
Measure it by assessing the project's design and its provisions for resisting reversals, like forest protection measures in tree-planting projects.
- Leakage
Leakage occurs when emission reductions in one place cause increases elsewhere.
It can be measured by monitoring surrounding areas to ensure your project doesn't shift carbon-emitting activities rather than reducing them.
- Verification and Validation
Verification and validation are proof that your offsets are having a real impact as certified by recognized standards like the Verified Carbon Standard or the Gold Standard.
- Co-benefits
Co-benefits are the additional social, economic, or environmental benefits of your offset project.
Measure them by tracking impacts such as job creation, biodiversity improvement, or alignment with UN Sustainable Development Goals.
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