Wednesday 29 November 2023

What should we use carbon reduction credits for?

What are carbon reduction credits?

Carbon reduction and removal projects generate carbon credits, with each credit relating to one tonne of CO2 (or equivalent greenhouse gases (GHGs)). There are two types of credit:

• Carbon reduction credits relate to avoiding the release of CO2 into the atmosphere (also known as offsetting)
• Carbon removal credits relate to the removal of CO2 already in the atmosphere.

Buying a carbon credit acts as a contribution towards
balancing the purchaser’s GHG emissions and supports progress towards net zero, even when the organisation has hard-to-abate emissions remaining.

Find out more on what carbon reduction credits means for your business