The Voluntary Carbon Market

The Ecotropics group neither transfers nor sells carbon offsets through its voluntary carbon offset projects. You contribute to the projects participating in the REDD campaign, and then we retire the carbon offsets on your behalf. You neither take ownership over nor title to the carbon offsets.
Please contact Arturo Restrepo at arestrepo {@} ecotropics.org for detailed information.


What is a carbon offset?

A carbon offset is a reduction in emissions of carbon dioxide or greenhouse gases (GHG) made in order to compensate for or to offset an emission made elsewhere. They are measured in metric tons of carbon dioxide equivalent (mtCO2 e) that represent six primary categories of greenhouse gases: carbon dioxide (CO2) methane (CH4) nitrous oxide (N20) perfluorocarbons (PFCs) hydroflourocarbons (HFCs) and sulfur hexafluoride (SF6). One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases.

What is carbon offset certification?

Carbon offset certifications are financial tools developed under the trade scheme for the reduction of greenhouse gases (GHG) and biodiversity offsets. Transactions take place in the international market (i.e. Markit) to ensure proper compensation for climate, communities, biodiversity, and water in order to reduce, avoid, and phase out GHG emissions.

The Voluntary Carbon Market

In a voluntary market, individuals, companies, or governments purchase carbon offsets to mitigate their GHG emissions from their activities. In the voluntary market, a variety of industries exists, such as the voluntary carbon standard (VCS) and the CDM Gold Standard that are implemented to provide third-party certification of carbon offset projects. Others include, the CCBs, issued by the Climate, Community and Biodiversity Alliances among others.

This type of mechanisms offers economic incentives for the sequestration of carbon or the avoidance of deforestation and ecosystem degradation. These markets facilitate the availability of financial resources for implementing ecological actions, mapped through ecoinformatics over landscapes and cultures dwelling on terrestrial, freshwater, and wetlands ecosystems.

How does the process work?

Carbon offset certifications are standardized in the market for al GHG in metric tons equivalent (mtCO2 e) also known as Voluntary Carbon Units (VCUs) to be issued through the Voluntary Carbon Standard (VCS) or Clean Development Mechanism (CDM) project. These carbon offset certifications are negotiated at a determined price in the voluntary market as Verified Emissions Reductions (VERS), in contrast, CDM is regulated through the Certification Emissions Reductions market (CERS) through Emission Reduction Purchase Agreements. They allow the incorporation of infrastructure ecosystem value over the damage produced by GHGs on the earth into a global warming economy.

What do we believe?

The Ecotropics group believes that carbon offset certifications are an alternative answer to establishing the necessary synergy for ecosystem conservation with the global economy through the application of ecological economic principles in order to catalyze an adaptive convergence between a better climate, community adaptation, biodiversity elongation, and world markets. The Ecotropics group will ensure that communities will receive benefits and advantages in a way that is fair and properly allocated based on sound scientific, technological, legal, and financial dynamics.

Objectives of The Ecotropics group for Carbon Forestry

Develop Project Appraisal Documents to accurately measure emissions reductions and generate verified credits Catalyze investments for forest protection with essential data about the base line, additionality or avoidance, permanence, and mitigation of leaks demanded by any carbon project to be traded with communities or corporations.


Aims

• Biodiversity offsets
• Agroforestry management
• Reduced Emissions from Deforestation and Ecosystem Degradation (REDD)
• Integrated Water Resources Management
• Constructed wetlands
• Renewable energies
• Energy efficiency
• Wise land use management
• Ensure fair trade compensation on communities around forest and buffer zones impacted by the drawbacks of GHG emissions

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