Carbon Standard definition

Carbon Standard means a program or standard administrated by a mandatory or voluntary domestic or international GHG program, certification, scheme, protocol pursuant to which any activity or project for reduction, abatement and capture and storage of greenhouse gases is formally accepted and registered pursuant to the Carbon Standard Rules and in respect of which Carbon Credit Units are issued for into a Carbon Register;

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Carbon Standard means, with respect to a Carbon Credit, the program or standard administered by a mandatory or voluntary domestic or international greenhouse gas program, certification, scheme or protocol, that certifies such Carbon Credit as a verified reduction or removal of one metric tonne of CO2 equivalent, including its methodologies and published guidance.

Carbon Standard means the standards framework for GHG reduction or removal projects and programs administered by a carbon standard body to enable the validation of projects and programs and the verification of the GHG reductions or removals achieved by such projects or programs.

Examples of Carbon Standard in a sentence

Purchase and retirement of Carbon Credits through reputable standards such as The Verified Carbon Standard (VCS), The Gold Standard, The Climate Action Reserve, and/or American Carbon Registry.
Eligible and Supported Costs include the purchase of eligible carbon offset credits from a vendor which has received third-party verification and adheres to internationally agreed standards including: Gold Standard, VER+, VERRA (formerly VCS, Verified Carbon Standard), and B.C. Offset System, and where the purchase of said eligible carbon offset credits are for events, conferences and travel related the Project, as may be permitted hereunder.
It is a consumer protection program that ensures credits sold by offset retailers are verified by eligible Green-e Climate endorsed project certification programs14 such as American Carbon Registry, Climate Action Reserve, Gold Standard and Verified Carbon Standard.
Purchase and retirement of carbon credits through reputable standards such as The Verified Carbon Standard (VCS), The Gold Standard, The Climate Action Reserve, and/or American Carbon Registry.
VER is a voluntary carbon product which follows the international standards established by credible organisations such as Verified Carbon Standard.
King County’s Forest Carbon Program is using Verra’s Verified Carbon Standard (VCS) Improved Forest Management in Temperate and Boreal Forests (Logged to Protected Forest) Methodology (VM0012) [CHECK IF THIS IS STILL THE MOST CURRENT, APPLICABLE METHODOLOGY] version for creating and selling credits that avoid emissions from forest harvest and clearing, offering buyers an opportunity to invest in local forest carbon projects.
Accordingly, the ASSESSOR shall have not rights in and to the Carbon Standard and all updates which may be made pursuant to this Agreement save for the rights expressly granted to the ASSESSOR in terms of this Agreement.
In the context of the latter, a variety of standards has emerged for measuring, reporting and verifying emission reductions (Green 2013: 1), such as the Verified Carbon Standard and the Gold Standard.
The Company acquires carbon offset credits in accordance with carbon offset protocols established and governed by independent, third-party registries, including but not limited to the Climate Action Reserve, American Carbon Registry, the Verified Carbon Standard and the Gold Standard (“Registry” or “Registries”).
Following data collection, Blue Source will assess the eligibility of any ERBs relating to the Project in light of accepted standards and methodologies including the Voluntary Carbon Standard (VCS), the California Climate Action Registry (CCAR), the EPA Climate Leaders, or such other standards or methodologies as are mutually selected by the Parties.

More Definitions of Carbon Standard

Carbon Standard means a standards framework for emission reduction units and programmes administered by a carbon standard body, which enables the validation of projects and programmes and the verification of emission reduction units achieved by such projects and programmes.

Carbon Standard means the concept and methodology developed by FTFA to promote carbon neutrality by balancing a measured amount of carbon released with an equivalent amount sequestered or offset through, inter alia the planting of trees, the intellectual property in respect of which has been transferred to Carbon Protocol;