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Voluntary Carbon Standard |
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The VCS Program provides a robust, new global standard
and program for approval of credible voluntary offsets.
VCS offsets must be real (have happened), additional (beyond business-as-usual activities),
measurable, permanent (not temporarily displace emissions), independently verified
and unique (not used more than once to offset emissions).
The Objectives of VCS are:-
- Standardize and provide transparency and credibility
to the voluntary offset market.
- Enhance business, consumer and government confidence
in voluntary offsets.
- Create a trusted and tradable voluntary offset credit;
the Voluntary Carbon Unit. (VCU)
- Stimulate additional investments in emissions reductions
and low carbon solutions
- Experiment and stimulate innovation in emission reduction
technologies and offer lessons that can be build into future regulation.
- Provide a clear chain of ownership over voluntary offsets
that prevents them being used twice. This is achieved through multiple VCS registries
and a central project database that is open to the public.
For more details you may log on to http://www.v-c-s.org
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