Individuals and corporations around the world are recognizing the importance of reducing their GHG emissions. This article is a basic description of cattle methane carbon projects, meant for someone intending to offset their carbon footprint. All Hello, Sign in. Vision ; Standardisation is necessary to promote confidence, investment and trading. Full report is available as a PDF here. The Gold Standard (GS) is a voluntary carbon offset program focused on progressing the United Nation’s Sustainable Development Goals (SDGs) and ensuring project’s benefit their neighboring communities. Principally, they relate to the criteria set forth for the Kyoto Protocol`s flexible mechanisms and the European Directive on Emissions Trading (EU ETS). They aim to ensure the effectiveness and added benefits of mitigation projects. Also, outsourcing tasks to professionals in the respective fields can potentially increase the quality of work (e.g. All credits certified by that standard will then be fungible with VCS credits, the Voluntary Carbon Unit (VCU). Over time, this flexibility channels financing to clean, innovative businesses and technologies. The Gold Standard, which was developed in 2003 by a group of NGOs, is the first independent and the most rigorous certification standard for creating high-quality carbon offset projects in the CDM, JI and voluntary carbon market. These can be credits created either under CDM or under other standards operating in the voluntary market. Voluntary Carbon Standard Association (VCSA), in liquidation in Genève - Handelsregister, Bonitätsprüfung, Management, Kennzahlen, Kontakt und News The Gold Standard … Our Voluntary Carbon Standard launching later this year will introduce a stringent quality assurance to the market and underpin consumer confidence, market credibility and innovation in low carbon technologies.” said Mark Kenber, Policy Director of The Climate Group. A Standard that supports communities and smallholders on the forefront of the climate crisis. Cart Hello Select your address Best Sellers Today's Deals Electronics Customer Service Books Home Gift … Wie oben erwähnt, wird VCS als Akronym in Textnachrichten verwendet, um Voluntary Carbon Standard darzustellen. It focuses on GHG reduction attributes only and does not require projects to have additional environmental or social benefits. The Voluntary Carbon Standard (VCS), launched by the Climate Group, the International Association for Emission Trading, and the World Business Council for Sustainable Development, is meant to set a minimum benchmark for the quality of carbon offsets. ICROA analysis also shows that 43.5 million carbon credits were retired in 2016 across the major voluntary market standards, close to the record volume achieved in 2015. Voluntary Carbon Standard: Amazon.sg: Books. Voluntary carbon standards like the Gold Standard and Verified Carbon Standard, among others, have developed registries, rules and regulations for validation, registration, verification and issuance of voluntary carbon credits, which can serve as a blueprint for designing domestic as well as international compliance-based carbon markets. VCS Association manages the Voluntary Carbon Standard. Administrative Bodies. PRESS RELEASE: Sustainability standards join forces to scale climate. So far the Gold Standard is not only supported by more than 80 civil society groups and many corporations but also by the UN and many national governments. The voluntary carbon market has spawned more than twenty offset standards over the past year – enough to keep even the most diligent market participants feeling a bit overwhelmed. The VCS is a base-level-quality standard that aims to keep costs for validation and verification low while still ensuring basic quality requirements. It is being promoted by the International Emissions Trading Association and The Climate Group, and is in response to the absence of a universally recognized voluntary standard for carbon offsets. VCS 2007 was launched in November of 2007. eval(ez_write_tag([[468,60],'global_greenhouse_warming_com-medrectangle-3','ezslot_7',321,'0','0']));History of Standard Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The voluntary market was established by NGOs and private sector companies in the late … The Steering Committee was made up of members from NGOs, DOEs, industry associations, project developers and large offset buyers. Once projects have been certified against the VCS Program’s rigorous set of rules and requirements, project developers can be issued tradable GHG credits that we call Verified Carbon Units (VCUs). The voluntary carbon market (voluntary market) is the forum for trade of verified emissions reductions and operates in parallel with the compliance market developed under the framework of the UN-created Clean Development Mechanism (CDM)). The VCS has outsourced a number of tasks that under CDM are done by the Executive Board and the Methodology Panel (e.g. The GS can be applied to voluntary offset projects and to Clean Development Mechanism (CDM) projects. Vision ; Standardisation is necessary to promote confidence, investment and trading. All Rights Reserved. To register with the program, projects must show that they have met all standards and methodological requirements. the Agriculture, Forestry and Other Land Use TAG for bio-sequestration projects). 7. Independent Auditing: All VCS projects are subject to desk and field audits by both qualified independent third parties and Verra staff to ensure that standards are met and methodologies are properly applied. This standard was developed by the Climate Group and International Emissions Trading Association (IETA). Gold Standard projects. © 2020 Global Greenhouse Warming. The Gold Standard is not part of this document as it excludes Climate Forestation Projects. The VCS Association is an independent, non-profit association registered under Swiss law that represents the VCS Secretariat and the VCS Board. CASE STUDY ValueChange case study: Carbon positive by 2025 makes business sense. Skip to main content.sg. At the beginning of each section, relevant content from the … The analysis is of common features and differences is completed by discussing alternative implementation approaches (see the Table below). Future of VCS By using the carbon markets, entities can neutralize, or offset, their emissions by retiring carbon credits generated by projects that are reducing GHG emissions elsewhere. Search Search. It focuses on GHG reduction attributes only and does not require projects to have additional environmental or social benefits. This market offers businesses, NGOs and individuals the possibility to offset their own emissions on a voluntary basis by purchasing carbon credits. Verified Emission Reductions are usually certified through a voluntary certification process. At present, the VCS Programme recognizes the CDM and JI, and is in the processing of evaluating the California Climate Action Registry. Many translated example sentences containing "Voluntary carbon Standard" – Italian-English dictionary and search engine for Italian translations. It provides real, quantifiable, additional and permanent projects based emission reductions. As a result, many of them are reducing their carbon … Quite often, however, it is not possible for these entities to meet their targets or eliminate their carbon footprint, at least in the near term, with internal reductions alone, and they need a flexible mechanism to achieve these aspirational goals. It provides real, quantifiable, additional and permanent projects based emission reductions. Skip over main navigation . The VCS will certify that offset projects credits are additional and represent real, quantifiable and permanent GHG reductions. Credits created either under CDM, accredited third-party auditors can validate and verify the same project you... Will be based on the registration of a proposed project activity rests with VCS credits, voluntary... Been developed to complement the existing standards and methodological requirements journey to net zero emission projects. Other standards operating in the voluntary carbon Unit ( VCU ) to outside entities from NGOs,,! 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