All of our WMF projects have as their central character the Carbon Credit, which is an Environmental Asset, that is, goods and rights converted into monetary means that represent short, medium or long-term benefits, repairs or preservation for the environment.
Carbon credits are financial instruments used to help reduce emissions of greenhouse gases such as carbon dioxide (CO2). They act as a currency that can be exchanged between countries or companies that need to reduce their greenhouse gas emissions and those that have leftover emission rebates.
Carbon credits are issued when emission reduction projects are carried out, such as the installation of renewable energy sources or the implementation of more sustainable agricultural practices.
These projects receive carbon credits equivalent to the amount of greenhouse gas emissions they avoid. These credits can then be sold to other companies or countries that need to offset their own emissions.
The purpose of carbon credits is to provide a cost-effective way to incentivize the reduction of greenhouse gas emissions and help achieve global climate goals.
WMF credits follow a rigorous assessment by international entities that verify the origin, conception, social apparatus of the project in order to validate if there are environmental and social benefits for the project to be worth the carbon credits. All our credits and UCSs come from our projects or from partners that were developed by us.
CO2 Carbon Project Cycle:
We have a selection of carbon credits and UCSs available to suit your business needs.
The carbon credits come from forestry projects validated and verified by auditing companies accredited and recognized by the UN.
Examples of WMF Energy carbon credit projects published at the UN
The projects are developed using internationally recognized methodologies such as VERRA and UNFCCC.
We have project carbon credits:
– VCS REDD+
– WMF Energy program UCSs, verified by an international third-party entity accredited by the UNFCCC
Source: https://cdm.unfccc.int/
