Understanding carbon credits

Carbon credits represent one metric tonne of CO₂e avoided or removed. They are central to global climate frameworks and can be bought, sold, and retired to offset emissions.

Compliance Credits — Required under legal or regulatory systems tied to climate agreements.

Voluntary Credits — Purchased outside regulations to support climate projects and offset emissions.

1. Emissions Cap

Authorities set a cap that declines over time to drive reductions.

2. Credit Allocation

Credits are allocated or auctioned based on baselines or commitments.

3. Monitor & Report

Organizations track emissions and can sell surplus credits.

4. Trade Credits

Markets enable pricing based on supply and demand.

5. Retire & Offset

Retirement proves a specific quantity of emissions was offset.