Difference between revisions of "Carbon Credit"
From Open Risk Manual
Wiki admin (talk | contribs) (Created page with "== Definition == '''Carbon Credit'''. A carbon credit is a convertible and transferable instrument representing GHG emissions that have been reduced, avoided or removed throug...") |
Wiki admin (talk | contribs) |
||
| Line 1: | Line 1: | ||
== Definition == | == Definition == | ||
| − | '''Carbon Credit''' | + | A '''Carbon Credit''' is a convertible and transferable instrument representing GHG emissions that have been reduced, avoided or removed through projects that are verified according to recognised quality standards. |
| − | |||
| + | Carbon credits can be issued from projects within (sometimes referred to as insets) or outside an undertaking’s value chain (sometimes referred to as offsets). | ||
[[Category:ESRS Glossary]] | [[Category:ESRS Glossary]] | ||
Revision as of 10:03, 12 September 2023
Definition
A Carbon Credit is a convertible and transferable instrument representing GHG emissions that have been reduced, avoided or removed through projects that are verified according to recognised quality standards.
Carbon credits can be issued from projects within (sometimes referred to as insets) or outside an undertaking’s value chain (sometimes referred to as offsets).
