Carbon credits are units that tokenize the greenhouse gas reduction effect of various activities – e.g., tree planting and avoided forest conversion. Each carbon credit represents the equivalent removal or reduced emission of one metric tonne of carbon dioxide.
Individuals and organizations purchase carbon credits so they can claim the greenhouse gas reduction benefit that was created through the actions of a carbon credit developer like Perimeter Forest.
Carbon credits were created to drive a market for reducing the concentration of greenhouse gases in our atmosphere.
Carbon credit developers like us undertake projects that remove, store, and/or reduce emissions of greenhouse gases into the atmosphere. The positive impact of these activities is measured and audited and based on these findings carbon credits are generated.
Carbon credit developers undertake their activities based on the expectation that society values reducing the harmful effects of climate change.
Individuals and corporations that want to demonstrate their commitment to combatting climate change can then purchase the carbon credits as proof that they have financed and supported activities that reduce atmospheric greenhouse gases.
By having a demand for high-quality carbon credits, an economic incentive is created to reduce emissions and, in the case of nature-based carbon projects, support biodiversity.
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