HOW CARBON OFFSETS WORK
Carbon Credits are given to projects that reduce CO2 emissions or capture and sequester CO2 emissions from the atmosphere.
Carbon Offsets are Carbon Credits purchased by an GHG emissions entity to offset emissions, reduce carbon footprint, toward achieving a carbon neutral operation.
1 “Carbon Credit and Carbon Offset: What Makes Them Different?” Agatha Amara, Wast4Change, 18 May 2021
MARKET EXPECTED TO BE $100 BILLION PER YEAR BY 2030 ¹
VOLUNTARY CARBON OFFSET MARKET CLIMATE PARTNER PROJECT & CUSTOMER MAP ¹
Weighted Carbon Price / Ton CO2e
$48/Ton December 20213
World Bank:
Prices for Carbon Credits expected to reach $100/Ton CO2e by 2030
SPEKBOOM CARBON REMOVAL PROJECT
Building on past restoration projects.
- Farm in Bavianskloof, 100 workers over 3 years planted 1,500 ha, millions of tree cuttings.
- Voluntary Carbon Standard Project, planting activities in Addo Elephant Park, 500 ha.
- Fish River and Gounitz River, 10 ha.
- “South Africa’s First Carbon Farm,” Tim Christophersen, Inter Press Service, June 2019.
- – C4 EcoSolutions, Voluntary Carbon Standard Project Description, (ABFRP), September 2011.
- -“A biome-wide experiment to assess the effects of propagule size and treatment on the survival of Spekboom truncheons to restore degraded subtropical
- thicket of South Africa,” van der Vyver et. al., Plos One Journals, 22 April 2021
CARBON CREDIT-OFFSET MARKET
Calvin Cycle is Basic Photosynthesis Process for All Plant
Life to Absorb CO2 & Produce O2 and Sugars.
2 710 Customers
148 Global Offset Projects
