Real-World Asset — Carbon Credits
Carbon credits are tradable permits representing the right to emit one ton of carbon dioxide or equivalent greenhouse gases, incentivizing emission reductions.
Roadmap to Attaining Carbon Credits:
- Project Scope Development
Geo-Tagging Farms:
📍 Identify and map the project area using GIS technology.
📜 Verify land ownership.
🌍 Show that the project’s carbon sequestration or emission reduction is beyond business-as-usual.
✅ Ensure the project exceeds regulatory requirements.
2. Monitoring
Initial Assessment:
📊 Conduct a baseline study to measure current carbon stocks and emissions.
📡 Implement systems to monitor changes over time.
🛰️ Use remote sensing technology.
📏 Utilize ground measurements.
3. Reporting
Stock Release Assessment:
📝 Regularly measure and document changes in carbon stocks and emissions reductions.
📑 Prepare detailed reports on the findings.
🔄 Include any corrective actions taken.
4. Certification
International Certifier:
📂 Submit documentation to an accredited certifier (e.g., Verra, Gold Standard).
🔍 Undergo validation process.
🎫 Receive carbon credits upon approval.
5. Voluntary Market
Trading:
📈 List certified carbon credits on voluntary markets.
🤝 Engage with brokers and platforms to find buyers.
🔒 Ensure transparent reporting and compliance to maintain credibility.
