Carbon Credits
Nature-Based Solutions (NBS) Carbon Credit Development
When establishing a project, it is necessary to establish a baseline, which involves assessing the current carbon stocks in the project area, determining the potential for increased carbon sequestration, and estimating the emissions that would occur without the project. Projects are registered with an appropriate registry and align to specific standards such as the Verified Carbon Standard (VCS) ensuring rigorous accounting and verification procedures.
Projects are registered with an appropriate registry and align to specific standards such as the Verified Carbon Standard (VCS) ensuring rigorous accounting and verification procedures. Once initiated the project requires independent auditors to assess the project's adherence to the chosen standards. The auditors verify the additional carbon sequestration achieved by the project compared to the baseline. Once verified, carbon credits are issued.
Nature-based solutions such as those offered by CEED, often bring additional environmental and social benefits, such as biodiversity conservation, improved water quality, and enhanced resilience to climate change. These co-benefits contribute to the overall sustainability of the project. Continuous monitoring of the project is crucial to ensure the sustained effectiveness of the forest. Ongoing reporting is essential to demonstrate adherence to standards and the continued positive impact on carbon sequestration and ecosystem health.
