Carbon credit

    ESG & Governance

    A tradable certificate representing one tonne of CO2e reduced, avoided or removed from the atmosphere.

    Credits come from projects such as renewable energy, methane capture, forest protection or tree planting, and are issued under a standard after verification. Their quality depends on additionality, permanence, leakage, baseline accuracy and avoiding double counting. In India, Carbon Credit Certificates under the CCTS are the compliance version.

    Related terms