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.
We generate carbon credits by taking direct action to protect, manage, and enhance our forest ecosystems’ ability to capture and store greenhouse gas emissions.
All our land assets were purchased for the specific purpose of creating carbon and biodiversity benefits.
We offer high-integrity carbon and nature credits generated from the direct interventions we take by investing in timberlands and improving the ecosystems’ ability to mitigate climate change, sequester carbon, and enhance biodiversity.
Our primary customers are large corporations and organizations looking to achieve environmental and sustainable governance goals. By purchasing our credits, they can demonstrate to their consumers and shareholders that they are taking credible actions to help clean up our air and curb biodiversity loss.
- We own the land we operate on.
- Our projects use the latest science to develop our land management, biodiversity conservation and enhancement protocols.
- We deploy industry-leading technology to survey and assess our ecological assets.
- We use artificial intelligence tools to analyze our ecosystem inventory and calculate and measure results.
- We employ peer-reviewed, third-party audited accounting methodologies to calculate the greenhouse gas emissions sequestration, climate change mitigation, and biodiversity enhancement impact of our projects.
- We develop conservative forecasting to assess the impact of our operations and align our real-world results with projected outcomes.
- Our projects are all located in Canada, a country with a well-established rule of law and land rights.
- Our carbon and nature credits are verified/certified by Verra’s Verified Carbon Standards program and other leading programs.
- Our high-integrity carbon credit and nature projects go above and beyond the standards for management, monitoring, and accounting required by the crediting methodologies and registries.
By operating on land that we own, we ensure that we maintain total control and responsibility for the activities on our property and can use the most appropriate land management strategies to support carbon storage and biodiversity.
This is not the case for many projects that operate on public land or in countries without well-established land ownership rights.
Projects located on government-owned land can be subject to interference caused by changes in government and political corruption or by competing interests, such as industrial resource development.
Canada has strong private land rights and a long-established rule of law. It is also a G7 country with leading policies that recognize the importance of environmental responsibility and climate change initiatives.
This backdrop provides a framework of stability that supports our long-term vision and mitigates potential risk factors that could otherwise impact our ability to achieve our goals and meet our long-term commitments.
Our in-house foresters and ecologists provide guidance and management prescriptions to contractors and consultants. In addition, we have a track record of hiring members of the communities we operate in.
We used science-backed, peer-review accounting methodologies developed under the Verified Carbon Standards (VCS) program and other registries.
Our methods for monitoring and measuring the impact of our projects go beyond the standards required for VCS certification.
Revenue from the sale of our verified carbon and nature credits is used to pay for generating the credits. This includes the cost of land ownership and management, project development, and carbon monitoring.
We are continually re-investing in our effort to scale the positive outcomes that our projects deliver. Investment in our high-quality credits ensures that our nature enhancement projects are profitable and scalable.
We will use the financial success of our current programs to attract future investment and further scale our activities to protect and enhance Canada’s ecological treasures.
By purchasing carbon and nature credits, you contribute to the economic incentives driving positive nature impacts and make a statement that you care about taking credible action to tackle climate change and environmental crises.
Our carbon and nature credits are certified by an internationally recognized environmental crediting program.
Our carbon credits are currently certified by Verra’s Verified Carbon Standards program.
In addition, we take extra steps to provide transparency on how our projects generate credits. This includes providing fulsome information on our measurement and monitoring approach and the methods used to define our project baselines.
Our efforts ensure that the integrity and quality of our projects can be confirmed through the highest level of scrutiny.
Perimeter Forest is also working to be the first Canadian carbon developer to generate credits that demonstrate and quantify the benefits our projects have to biodiversity.
Purchasing our carbon or nature credits requires an interested buyer to contact Perimeter by email or fill out a form on our website.
One of our sales professionals will then reach out to discuss your needs, volume, price, contract terms, etc.
Carbon and nature credit transactions are not a one-size-fits-all process. Every transaction is bespoke.
Developing our carbon projects involves a thorough analysis of the forest, its harvest potential, and the harvest plans of the preceding owners. We reduce timber harvest below the forest’s harvest potential to enhance the area’s biodiversity.
We calculate the avoided greenhouse gas emissions and additional carbon dioxide sequestration expected by improving forest management practices.
We register our projects under either a government or an internationally recognized offset crediting program.
Verra is a non-profit organization that leverages the work of global authorities in environmental sciences, academics, and NGOs to establish standards and practices for measuring, monitoring, and verifying the carbon and biodiversity credits generated through the Verified Carbon Standards program.
The Verified Carbon Standards program is the world’s leading greenhouse gas crediting program run by Verra.
Verra has a buffer pool established where a portion of all carbon credits are allocated as insurance if a natural disaster impacts the carbon offset project.
If this occurs, units from the buffer pool are cancelled, equal to the amount of the carbon reversal.
Buffer pool contributions from each of our projects are assessed according to Verra’s methodology and subject to a third-party audit to ensure a sufficient pool is available for the risk rating of our carbon projects.
We look for properties that would otherwise be unprotected, are subject to intensive logging, and have significant cultural or ecological value.
Currently, our forestland acquisitions include large areas of the boreal forest in Ontario and BC that would have otherwise been subject to ecological and forest degradation from industrial activity.
A Verified Carbon Unit (VCU) is a standard unit of measurement for carbon emissions reductions or removals that has been verified and certified by a third-party organization under a specific carbon offset standard.
VCUs are used in carbon offset projects, such as afforestation, reforestation, and renewable energy projects, that aim to reduce or remove greenhouse gases from the atmosphere.
Each VCU represents one metric tonne of CO2 equivalent emissions reduction or removal.
Obtaining VCUs involves measuring and monitoring the project’s emissions reduction and removal, then having the results verified and certified by an independent third-party expert.
Once generated and certified, organizations can purchase and trade VCUs, often called carbon credits, until they are retired.
CO2 equivalent (CO2e) greenhouse gas (GHG) emissions is a term to represent the total warming effect of various greenhouse gases compared to that of carbon dioxide.
CO2e is used to compare the emissions of different greenhouse gases in terms of their global warming potential over a specific timeframe.
This allows for a more accurate measure of the total warming (or cooling) effect of a mixture of GHGs emitted (or removed) by a particular source (sink).
