CARBON CREDIT CONSULTING
We offer Carbon credit consulting services to reduce your carbon emissions and achieve sustainability goals. Our team of experienced professionals provides assistance in development of carbon offset projects and strategies to maximize the value of carbon credits.
Our services will help you maximize the benefits of carbon credits while minimizing the cost. Get in touch with us today to find out more about how we can help you reach your sustainability goals.
WHAT IS CARBON CREDIT AND HOW IT WORKS?
WHAT IS CARBON CREDIT?
Carbon credits, also known as carbon offsets, are permits that allow the owner to emit a certain amount of carbon dioxide or other greenhouse gases(GHG).
It is a certificate that indicate the amount of GHG that have been prevented from entering or removed from the atmosphere.
WHAT IS CARBON MARKET?
Compliance carbon markets are an important instrument for governments to achieve their carbon reduction targets, while voluntary carbon markets provide companies and other organizations with an approach to offset their carbon emissions on a voluntary basis.
HOW CARBON MARKET WORKS?
COMPLIANCE CARBON MARKET
VOLUNTARY CARBON MARKET
Under compliance carbon market:
Companies are issued credits that represent their emissions limit
(or “cap” from cap and trade).
If a company can keep its emissions below the limit, it has a surplus of carbon credits; it may wish to either retain or sell the excess credits to other companies.
If a company exceeds its limit, it must purchase credits from other companies in the network to become compliant.
Under voluntary carbon market:
Consumers can purchase offsets for emissions from a specific high-emission activity, such as a long flight, or buy offsets on a regular basis to eliminate their ongoing carbon footprint.
EMERGING CARBON MARKET NOWADAYS
NET ZERO CARBON COMMITMENT
With a net zero carbon commitment, an increasing number of companies are pledging to support the fight against climate change by reducing their own emissions of greenhouse gases (GHG) as much as feasibly possible.
Source: McKinsey
EXPANDING MARKET DEMAND FOR CARBON CREDIT
CARBON CREDIT TRANSACTIONS IN VOLUNTARY CARBON MARKET
2005 - 2021
CARBON CREDIT TRANSACTIONS FORECAST
(COMPARED TO 2020)
Source: McKinsey
Transactions of Voluntary Carbon Credits has increased gradually since 2017.
According to McKinsey, Global demand for Voluntary Carbon Credits could increase 15 times by 2030 and 100 times by 2050.
STRENGTHENING CARBON EMISSION REGULATIONS
EU Carbon Border Adjustment Mechanism (CBAM)
On December 13, 2022, the EU has agreed to a Carbon Border Adjustment Mechanism (CBAM) regulation, a measure aimed at preventing "carbon leakage".
Several sectors that are willing to export to the EU must buy certificates to compensate for GHG emissions:
* Cement
* Steel and Iron
* Aluminium
* Fertiliser
* Electricity
The carbon price paid locally in a compliance carbon pricing mechanism (such as a carbon tax or the ETS) can be used to partially offset the carbon tax paid under the CBAM, thus reducing its impact.
The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)
CORSIA is a global scheme to address emissions from international air travel, agreed on in 2016 by the International Civil Aviation Organization (ICAO).
It obliges airlines to monitor and report their emissions from 2019 and to purchase emission reduction units generated by projects in other sectors, to cover any growth in CO2 emissions above 2020 levels from 2021.
Beginning in 2027, participation in CORSIA will become mandatory for most states and be subject to mandatory offsetting requirements.
Go Greener with us!
Carbon Credits for your Green Marketing!
With Polaris Bio, your company could:
1. Offset your own CO₂ emissions and achieve Carbon Neutrality or Net Zero status;
2. Put into practice approaches to maintain sustainability;
3. Develop a Green marketing strategy which will benefit your identity and image.
WHAT WE DO
WHY US
"Get Carbon Credits Now with Us!"
PROCESS
We cover the process of getting carbon credits for your project from scratch - finding proper methodologies and protocols until a successful transaction is completed with the buyer.
TIMELINE
Estimate the timeline for each step:
Remark: Timeframe may vary depending on the project and Carbon standards.
