OUR SERVICE
consultation
defining the carbon credit potentials of your existing and future renewable energy or nature based programs / projects
evaluation
examining methodological, jurisdictional and technological background of your renewable energy and nature based programs / projects
application
applying for registration of your programs/projects with the local authorities under ISO-19064
registration
registration of your programs / projects and issuing of related CO2e emission reduction certificates
offsetting
finding suitable global partners for a carbon offset for all certificate types you generate / own.
marketing
global trading of all certificates with the highest profits under one bundled market force
reporting
annual reporting of your programs / projects to the local authorities under ISO-19064
CARBON EMMISSIONS REDUCTION
GLOBAL CO2e MANAGEMENT
Carbon emissions are the "right to pollute" and are traded in blocks of 25 tonnes (average annual amount of waste per household). The trade in emissions is over 20 years old and growing fast. From EUR 47 billion in 2008, the carbon market is now worth more than USD 80 billion. Examples of trading platforms include the Chicago Mercantile Exchange or newer forums such as the London Carbon Trade Exchange. Regardless of the types of carbon trading, the big investment banks are involved in the global carbon trade too.
From 2021 on there will be a new certificate trading period until 2030. The implemented reduction of 2 billion tons of globally assigned emissions in this period, additionally exacerbated by the expiry of CDM- and JI-projects in 2020, will cause an increasing demand for tradable emissions for the emissions market. IPCC assumes that this shortage will increase the market value of remaining certificates significantly. The demand for emission certificates is also increasing because most countries are still lagging behind in their reduction policies, which will be further exacerbated by internationally imposed CO2 fines and taxes proposed to come in the near future.
Article 6.4 of the Paris Agreement makes it clear that each Member State must meet its National Emission Target (NCD). These countries have the choice to either invest in sustainable production or to purchase carbon credits annually to compensate for their NDC. This makes clear that a global economic expansion (world bank: about 300% "in total" over the next 15 years) will outpace demand for carbon credits by far.
Around 9 billion carbon credits are currently registered, of which about 1.5 billion are traded annually. The other credits are not inventory or certified and are not tradable on emission markets. Of this, 2.2% = about 200 million emissions will be phased out annually. On the other hand, it allows 200 million new "avoidable loans" to be registered to compensate for this shortfall.
While a reducing supply of "compulsory emission credits" will further proceed by 2.2% annually over the next 30 years, the "avoided emission certificates" and "nature based certificates" will meet this demand over the next 15 years. The World Bank Group expects that the value between the two forms of emission credits will perform parallel in demand.
Get your own technology reference standards (ISO-19064) as the basis for an ultimate "avoided emission" CO2e reduction calculation scheme approved and certified by third party and notified to the emission authorities. This means that with our holistic CO2e MANAGEMENT SERVICES approach we create significant additional revenue for all RENEWABLE ENERGY and NATURE BASED PROGRAMS / PROJECTS.
Renewable Energies, along with new energy storage solutions, will eventually replace fossil fuels.
MAXIMISING CARBON FINANCE POTENTIAL
by creating high-quality carbon credits
Several initiatives are aiming to help buyers to identify high-quality credits. The Integrity Council for the Voluntary Carbon Market (ICVCM), among the most prominent of these initiatives, launched a public consultation in July 2022 on its effort to create a minimum global benchmark for high-quality carbon credits. The proposed benchmark consists of 10 crediting attributes, termed the Core Carbon Principles (CCPs), and an assessment framework. The ICVCM will use the assessment framework to evaluate both crediting mechanisms and credit categories, with those that meet the standard allowed to use a CCP-approved label. In March 2023, the CCPs were released, along with the first part of the assessment framework covering crediting mechanisms. The first CCP-labeled credits are expected to be available in the third quarter of 2023.
Other initiatives are also working to improve transparency on credit supply, such as the Carbon Credit Quality Initiative (CCQI), which provides a free online tool to assess carbon credit types against seven different criteria.
Further guidance is also emerging on how companies should use carbon credits. In June, the Voluntary Carbon Markets Integrity Initiative (VCMI) launched its provisional Claims Code of Practice for public comment. It provides guidance for companies on when and how they should use carbon credits as part of their net-zero targets. The code establishes three claim types - gold, silver, and bronze - depending on a company’s progress in reducing emissions within its value chain and the number of its remaining emissions it offsets through high-quality credits. By standardising the claims that companies make, the VCMI hopes to increase transparency over how carbon credits are used, ensuring they complement, and do not delay, companies’ own decarbonisation actions. The final Claims Code of Practice will be published in 2023. The VCMI complements work by the Science Based Targets Initiative (SBTI), which provides guidance for companies setting Paris Agreement-aligned decarbonisation plans, and the role of offsets in meeting those targets.
The question of offset use was also addressed over the past year by the United Nations High- Level Expert Group on the Net-Zero Emissions Commitments of Non-State Entities - the expert group recommended that high-quality credits should not be counted toward interim emissions targets on a net zero–aligned pathway, but rather used only to compensate for additional emissions.
VCM - VERIFICATION STANDARDS
NATURE BASED CARBON EMISSION REDUCTION
Understanding REDD+ and its various challenges
REDD+ is defined by the UNFCCC strictly to relate to activities in the forest sector that reduce emissions from deforestation and forest degradation, as well as the sustainable management of forests and the conservation and enhancement of forest carbon stocks in developing countries. Co-opted for use in the VCMs to cover avoided deforestation programs/projects, with the scope of activities in these programs/projects it is no longer exactly aligned with the original UNFCCC definition. Nowadays, the definition of REDD+ is being stretched even further by some jurisdictional standards. For example, ART TREES (Architecture for REDD+ Transactions - The REDD+ Environmental Excellence Standard) methodologies also recognise activities in HFLD (high forest, low deforestation) jurisdictions and emissions removals through forest restoration and replanting.
Tropical deforestation is a major source of carbon emissions, and carbon finance has long been considered a way to incentivise forest preservation. Land use change, primarily from deforesta-tion, was responsible for approximately 11% of net global greenhouse gas (GHG) emissions (around 6.5 gigatons of carbon dioxide equivalent) in 2019. Reducing and ultimately reversing emissions from deforestation is therefore a key part of reaching global net-zero emissions. Carbon crediting markets can support this by providing payments for emissions reductions through reducing deforestation and forest degradation as well as improving forestry management - collectively referred to as well as REDD+.
Corporate Alliance Ltd. carbon credit rating services can help buyers with their due diligence and effectively speed up process. We rate individual REDD+ program / project credits issued in the voluntary carbon markets.
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REDD+ refers to activities that reduce greenhouse gas emissions from deforestation and forest degradation, alongside wider activities including sustainable management of forests, and the conservation and enhancement of forest carbon stocks.
As nowadays REDD+ faces uncertainties on buyers side, the Carbon Credit Quality Initiative (CCQI) provides transparent information on the quality of carbon credits.
see:
Transparent Scores for Carbon Credit Quality
carbon dioxide removal (CDR)
Understanding CDR WITH BIOCHAR and its various POTENTIALs
Biochar is one of the five key negative emission technologies identified by the UN’s Intergovernmental Panel on Climate Change (IPCC) to curtail the impact of global warming. According to the IPCC, it is the most durable, fastest and safest way to remove carbon from the environment and sequestering it in the soil, building materials and concrete structure for several years.
Nowadays, biochar is gaining widespread attention as an effective carbon dioxide removal (CDR) tech-nology. It is expected to be used as a capital-efficient negative emissions technology, especially for smaller plants, including farmers, and communities for rural diversification and soil improvement in emerging markets. CDR is expected to be used as a capital-efficient negative emissions technology, especially for smaller plants, including farmers, and communities for rural diversification and soil improvement in emerging markets. The commercial potential of biochar is growing, supplemented by government and university-backed R&D projects worldwide.
Agriculture is the dominant application area of biochar. The use of biochar in soil-based applications and animal feed are likely to drive the demand throughout the forecast period. The versatility of biochar and its environmental advantages have put it at the forefront of R&D and pilot-scale investments. Building and construction, wastewater treatment and oil & gas are other emerging applications of biochar.
The controlled carbonisation of the organic residues prevents a large part of the carbon contained in it from escaping into the atmosphere. Our pyrolysis plant binds up to 3 t of CO₂ per biochar produced (pro-cess-related deductions according to EBC sink not yet taken into account). If the biochar is then permanently integrated, e.g. as a soil conditioner or filler, the project receives corresponding climate protection credits.
Corporate Alliance Ltd. carbon credit rating services can help buyers with their due diligence and effectively speed up process. We rate individual CDR program / project credits issued in the voluntary carbon markets.
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C4-plant: sustainable biomass for low-CO2 fuel
A sustainable biofuel starts with sustainable bio-mass. We find this mainly in C4-plants, a productive and low-maintenance plant species grown in Asia. Bana grass i.e., generates as much as 85% less CO2 than fossil fuels and is not invasive or competitive with food.
Bana grass is a C4 plant species that is very environmentally friendly. It is a carbon-binding plant that captures and stores greenhouse gases (CO2). The plant needs very little water and thus ensures that more water remains in the soil. Moreover, bana grass can be grown on rocky surfaces. As a result, it does not take the place of other crops intended for the food chain.