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South Pole is a Swiss carbon finance consultancy founded in 2006 in Zurich, Switzerland. South Pole's business covers project and technology finance, data and advisory on sustainability risks and opportunities, as well as the development of environmental commodities such as carbon and renewable energy credits.
[14] [15] [16] One carbon credit represents an emission reduction or removal of one metric tonne of carbon dioxide or the equivalent amount of greenhouse gases that contribute equally to global warming (CO 2 e). [17] [18] Carbon credits are a form of carbon pricing, along with carbon taxes and subsidies.
For example, for every 1.1 tons of carbon a company removes from the atmosphere, it might sell a credit to put 1 ton of carbon in. These programs are relatively popular for companies interested in ...
South Pole won the title of Best Project Developer in a peer-voted industry ranking by Environmental Finance between 2011-17 [11] and enabling the first-ever issuance of Gold Standard certificates, the first issuance of SOCIALCARBON-certified carbon credits in Southeast Asia [12] and, with his colleague Christian Dannecker, the first Voluntary Carbon Standard forestry project in South America.
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The American Forest Foundation will hold the US's first nature-based carbon credit auction in February 2025. The group hopes auctions like this one will help the languishing voluntary carbon ...
Personal carbon credits were first introduced by My Emissions Exchange in April 2009. [2] Some experts on carbon credit markets have called for inclusion of small scale GHG reduction projects and verification methods that are valid, appropriate and cost effective for projects of this size. [3] Personal carbon credits address this need and ...
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