Carbon Credits Development and Trading
Climate change has become increasingly severe as a result of the continuous accumulation of greenhouse gases in the atmosphere. Governments and private sectors worldwide have therefore recognized the urgent need to identify effective mechanisms to reduce greenhouse gas emissions in order to mitigate long-term environmental, social, and economic impacts.
Although many organizations have already implemented measures to reduce emissions from their direct operations, certain greenhouse gas emissions remain unavoidable in practice. Carbon credits have thus been developed as an environmental mechanism to support both the reduction and offsetting of greenhouse gas emissions across the broader economic system, while also promoting investment in environmentally friendly and sustainable projects.
Green and Blue Planet Solutions Co., Ltd. (GBP) support client by a team of experienced professionals with in-depth expertise in the regulatory frameworks, standards, and complex operational processes of carbon markets. We provide comprehensive consulting, advisory, and end-to-end services to align with corporate environmental and sustainability policies.
GBP delivers integrated solutions for both carbon project developers and carbon credit users, enabling businesses to actively participate in greenhouse gas mitigation efforts while simultaneously creating added value and long-term financial benefits.
What are Carbon Credits?
Carbon credits represent the quantified amount of greenhouse gas emissions that are reduced or removed through projects aimed at preventing or reducing emissions released into the atmosphere. Carbon credits that are certified by recognized standards can be traded as Environmental Attributes, measured in tonnes of carbon dioxide equivalent (tCO₂eq).
Organizations or individuals may use carbon credits to offset greenhouse gas emissions at the organizational, product, activity, or individual level in order to achieve carbon neutrality and support broader sustainability objectives.
Carbon Markets
Carbon markets are generally categorized into two main types: the Mandatory Carbon Market (Compliance Market) and the Voluntary Carbon Market (VCM).
Mandatory Carbon Market (Compliance Market)
This market aims to establish a centralized mechanism to control and reduce greenhouse gas (GHG) emissions through a carbon credit trading system. It is legally binding, with governments setting an overall emissions cap and allowing regulated entities to trade emission allowances under a cap-and-trade framework. A prominent example is the European Union Emissions Trading System (EU ETS), the largest compliance carbon market in the world.
Voluntary Carbon Market (VCM)
This market allows organizations to participate on a voluntary basis to support their Carbon Neutrality, Net Zero, and ESG strategies. Carbon credits are developed and verified under standards established by independent organizations such as Verra, Gold Standard, and the Thailand Greenhouse Gas Management Organization (TGO). The voluntary market emphasizes credit quality, transparency, and the prevention of double counting. Together, both markets play complementary roles in advancing greenhouse gas emission reductions at both the national policy level and the corporate level.
What Is a Voluntary Carbon Credit Project?
| Standard / Registry | Established Organization | Carbon Credit Unit | Details |
|---|---|---|---|
| Verified Carbon Standard (VCS) | Verra (USA) | Verified Carbon Unit (VCU) | The largest private-sector carbon credit program in terms of credit issuance and trading volume, with a wide range of registered projects from around the world. |
| The Gold Standard (GS) | The Gold Standard Secretariat (Switzerland) | Verified Emission Reduction (VER) | A program established by the World-Wide Fund for Nature (WWF) and other international organizations, focusing on certifying high-quality carbon credits from sustainable development projects. |
| American Carbon Registry | Winrock International (USA) | Emission Reduction Tonne (ERT) | The world's first carbon crediting system was established by Winrock International in 1996. |
| Climate Action Reserve (CAR) | Climate Action Reserve (USA) | Climate Reserve Tonne (CRT) | A program developed from the California Climate Action Registry, which was founded by the Government of California in 2001, with a focus on North America and Mexico. |
| Global Carbon Council (GCC) | Gulf Organization Research & Development (GORD, Qatar) | Approved Carbon Credits (ACC) | A carbon credit program established in the Middle East, designed with alignment to CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation). |
Our Services
Green and Blue Planet Solutions Co., Ltd. (GBP) provides end-to-end carbon credit project development services, from initial project design through registration and credit issuance, in full compliance with the requirements of the selected carbon credit standards. In addition, GBP offers carbon credit trading and brokerage services, enabling buyers to access high-quality, credible carbon credits that meet the specific requirements of each organization.
For Carbon Credit Project Owner
For investors or developers of greenhouse gas reduction and removal projects seeking to achieve corporate environmental objectives or generate revenue through the sale of carbon credits, GBP provides comprehensive consulting and project management services throughout the entire project lifecycle, including:
- ✓ Advisory services on project development in accordance with carbon credit certification standards
- ✓ Feasibility Study
- ✓ Project registration
- ✓ Credit issuance
- ✓ Carbon credit trading and management in both domestic and international markets
With GBP's team of carbon market experts, project developers can effectively access market opportunities and obtain fair and appropriate returns from the sale of carbon credits.
For Consumer Seeking Carbon Credit Claims
For individuals, organizations, or activities seeking to claim greenhouse gas emission reductions through the use of carbon credits in support of sustainability strategies and enhanced international competitiveness, GBP facilitates easy and efficient access by offering:
- ✓ No requirement to open accounts with any registries
- ✓ No annual registration or maintenance fees
Clients will receive reliable and traceable carbon credit certificates that can be confidently used for verification with business partners, investors, and stakeholders, as well as for environmental and sustainability reporting purposes.
Frequently Asked Questions (FAQ)
A: Carbon credits are used to offset greenhouse gas emissions and are measured in tonnes of carbon dioxide equivalent (tCO₂e). They are suitable for organizations seeking to manage, reduce, or offset their greenhouse gas emissions. On the other hand, I-REC(E) is used to verify the consumption of electricity generated from renewable energy sources and is measured in megawatt-hours (MWh). Holding I-REC(E) certificates enables organizations to claim the use of renewable electricity legitimately and supports increased investment in clean energy generation.
In summary, both carbon credits and I-REC(E) are environmental instruments with distinct purposes and units of measurement: carbon credits focus on the amount of greenhouse gas emissions reduced or offset, while I-REC(E) focuses on the source of electricity consumed.
A: The appropriate type of carbon credit depends on the intended use and objectives of the offset. High-quality carbon credits must comply with stringent quality criteria to ensure the effectiveness and credibility of the emission reductions. These criteria are essential to ensure that emission reductions are real and meaningful, including:
- Additionality: The project must clearly demonstrate that the emission reductions would not have occurred without the project.
- Measurability: Greenhouse gas emission reductions must be accurately measurable and quantifiable.
- Permanence: The emission reductions must be assured to remain over the long term.
- Social Impact: The project should generate positive social benefits for local communities.