Individuals, companies and organizations globally have set targets to reduce their carbon footprint. Carbon Credits can help them to meet such goals by supporting high quality GHG emission reduction projects globally.
Carbon Credits represent greenhouse gas emission reductions of one ton of CO2 equivalent. Carbon credits can be generated by implementing projects such as forest conservation, tree plantation, renewable energy, waste management, energy efficiency and more.
Companies with emission reduction goals can support such projects by buying the carbon credits thereby providing much needed financial support to the project developers. Furthermore, such projects usually have many other co-benefits that support meeting the UNSDGs.
Carbon credits can be bought by anyone who wants to offset their carbon footprint. The majority of the buyers come from corporations who have set Net Zero goals. Individuals who want to offset their emissions say from their electricity consumption or a flight, can buy too. Carbon credits are sold by project developers who own and implement GHG reduction projects. Intermediaries and brokers can also help in facilitating such transactions by bringing greater liquidity and market access.
Activities that reduce or avoid GHG emissions or increase carbon sequestration can potentially claim carbon credits. Such projects not only reduce global carbon emissions but also align with UNSDGs by providing additional benefits such as biodiversity conservation, education, jobs and health & well-being.
Carbon Credit Projects undergo rigorous third-party evaluations to demonstrate tangible and measurable reductions in GHG emissions. After verification, these emission reductions are certified as credits under international standards and become available for purchase.
Reputed and independent certification standards are needed to bring quality and credibility to carbon credits and the carbon market in general. Some of the well known standards are Gold Standard, VCS by VERRA, Global Carbon Council (GCC), Clean Development Mechanism (CDM), Plan Vivo, to name a few.
All of our projects go through independent third- party review and strict approval by the Standards.
Coral Future supports in gathering information for the project registration.
We prepare project documents, stakeholder consultation reports, third-party validation and submission to Standards for approval.
We collect project’s operation data, prepare monitoring reports, and assist in third-party verification and issuance at the Standards.
Through our large network of end buyers and brokers, we engage in carbon credit sales and trading activities on behalf of our projects. We are able to make spot offers as well as get into long-term multi-year sales agreements.
Coral Future supports in gathering information for the project registration.
We prepare project documents, stakeholder consultation reports, third-party validation and submission to Standards for approval.
We collect project’s operation data, prepare monitoring reports, and assist in third-party verification and issuance at the Standards.
Through our large network of end buyers and brokers, we engage in carbon credit sales and trading activities on behalf of our projects. We are able to make spot offers as well as get into long-term multi-year sales agreements.