Carbon Credit
From Open Risk Manual
Revision as of 10:03, 12 September 2023 by Wiki admin (talk | contribs)
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).
