WHY CARBONSOLVE?
Carbon projects can seem complicated - a lot of lingo and jargon. Here we outline some common projects in the carbon market, and how our approach aligns with them.
What is the carbon market?
There are two types of carbon markets, regulatory and voluntary carbon markets. The regulatory or compliance carbon market is regulated by a central party, while in the voluntary market, companies choose to participate to offset their emissions.​
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Verra, was founded in 2007 by environmental and business leaders, and now they manage the world’s leading voluntary carbon market (VCM) program.
The Verra VCS program is the largest voluntary carbon market registry (Standard) in the world
Voluntary Carbon Market Size, by Value of Traded Carbon Credits, pre-2005 to 2023.
Who is involved in the voluntary carbon market?
The structure of the voluntary carbon market relies on a central Standards - in our case, Verra - that defines project protocols to be followed by project developers.
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CarbonSolve is a project developer, working with partners and local communities to implement these projects, which then generate sufficient financial benefits from carbon revenues.
What kind of carbon projects are there?
​​Nature-based projects offer a range of environmental and social co-benefits, including enhanced resilience to climate change impacts and biodiversity conservation.
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Engineered carbon projects include carbon capture and storage and renewable energy technologies like solar and wind power.
What are carbon credits?
One carbon credit represents the reduction of one metric ton of carbon dioxide. They are generated from carbon projects, either through removal or reduction, and this is how they are classified in the voluntary carbon market (VCM). ​
What types of carbon credits are there?
Carbon Removal Credits
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Generated through nature-based methodologies including ARR or engineered solutions, including direct air capture and biochar production
Carbon Reduction Credits
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Achieved through energy efficiency, the substitution of renewable energy for fossil fuels, or avoided degradation or destruction of natural carbon sinks, such as forests
Carbon removal vs reduction credit prices in 2022 vs 2023.
CarbonSolve projects are removal projects, which generate credits at almost four times the amount of reduction credits.
What benefits does a carbon project have to me?
Carbon projects often have co-benefits that go beyond carbon dioxide removal. Co-benefits are additional benefits to communities, such as protecting biodiversity, and supporting resiliency of local communities. Oftentimes these co-benefits align with the UN Sustainable Development Goals (SDGs).
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CarbonSolve uses Verra’s Climate, Community, and Biodiversity Standards to ensure that projects are delivering tangible benefits.
What does CarbonSolve do?
CarbonSolve exclusively uses Verra methodologies. VM-00032 is a nature-based, carbon dioxide removal methodology that generates the highest-value carbon credits.
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We develop carbon projects in grassland/rangeland habitats where grazing and/or fire management are the dominant activities. These projects remove carbon dioxide from the atmosphere and sequester it in soil or soil and wood, creating carbon credits.
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CarbonSolve works with local communities and our projects increase local capacity to better manage rangelands. This process generates substantial financial benefits from carbon revenues. These revenues will be directly distributed to local communities to further incentivize their participation and sustain the restoration activities for decades to come.
