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Voluntary Offset Programs - Carbon Offset Guide

offsetguide.org · 7,729 words · saved by 1 readers

Voluntary carbon markets enable businesses, governments, nonprofit organizations, universities, municipalities, and individuals to offset their emissions outside a regulatory regime. These entities can purchase offsets that were created either through the voluntary or compliance markets. Trading and demand in the...

Carbon credits are issued by carbon crediting programs. Carbon crediting programs 1 range from international or governmental regulatory bodies – such as the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat, which oversees an international carbon crediting program under Article 6.4 of the Paris Agreement – to independent non-governmental organizations (NGOs). Historically, governmental bodies certified carbon credits for regulatory purposes (“compliance programs”), while independent NGOs primarily served voluntary buyers (“independent programs”). More recently, both ty

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