Tailormade Carbon Mitigation Plans by Resorsus
What is GHG Mitigation?
There are two major approaches to carbon credits:
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Regultory Credits (e.g., ETS)
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Voluntary Carbon Credits (VCC)
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Greenhouse gas mitigations, also known as carbon offsets, are climate instruments that are derived from voluntary carbon credits (VCCs). When a voluntary initiative is made towards reducing carbon emissions, project owners are entitled to receive VCCs. After issuance, owners can sell these emissions in carbon markets. To learn more about the origin of VCCs, please refer to this page.
Carbon offsetting utilizes VCCs to cover a certain amount of greenhouse gas emissions. The amount to offset is calculated, and the relevant quantity is purchased from the voluntary market. The purchased credits are then retired, so they cannot be used again.
Preparing ResorsusGreen Plans
RESORSUS provides the most detailed GHG mitigation plans in the voluntary carbon credits market, especially with our OpenSeas, OpenSkies, GreenCommodities, and GreenSteel programs. We not only mitigate with VCCs but also advise on climate policies, meaning our clients have the opportunity to mitigate their carbon footprint, raise internal awareness of climate action, and develop their plans to achieve net zero by 2050 at the same time.
We prepare our plans and guidelines based on the simple principles of Oxford University's paper, "Principles for Net Zero Aligned Carbon Offsetting." Essential points of this approach are:
1. Cut emissions. Use high quality VCCs, and regularly revise GHG mitigation strategy as the best practice evolves. Prioritize reducing your own emissions. Minimize the need for mitigation with external resources in the first place. Use VCCs that are verifiable and correctly accounted for and have a low risk of non-additionality, reversal, and creating negative unintended consequences for people and the environment. Maintain transparency - Disclose current emissions, accounting practices, targets to reach net zero, and the type of VCCs you employ.
2. Shift to carbon removal reductions. Users of VCCs should increase the portion of their VCCs that come from carbon removals, rather than from emission reductions, ultimately reaching 100% carbon removals by midcentury to ensure compatibility with the Paris Agreement goals.
3. Shift to long-lived storage. It is critical that investment in scaling and improving the technologies that enable long-lived storage begins now. Creating demand for long-lived VCCs today sends a signal to the market to grow the supply of such VCCs.
4. Support the development of net zero aligned emission mitigation policies.
How to Get Started
Before initiating any carbon mitigation plans, organizations must reduce their carbon footprint by making improvements to their processes. "REDUCE!" is our first and most crucial suggestion to our clients.
Even after every effort has been made towards carbon footprint reduction, some emissions may still remain. To balance the remaining carbon footprint, the RESORSUS team is ready to assist. We start our work by conducting a carbon footprint analysis. The calculated amount of carbon credits is then submitted to clients, and the credits are retired.
A report is presented to the client, and a mitigation summary is published on their page on the ResorsusGreen portal.
What RESORSUS Provides During a Mitigation Plan
RESORSUS provides clients with strong guidance to engage in voluntary carbon markets on their journeys towards net zero.
VCCs are provided from high-quality projects all around the world, which can be strong statements of the organization's position on the climate.
Process-Wide Transparency
RESORSUS offers a unique feature that enables organizations and stakeholders to track their progress on a dedicated webpage on the ResorsusGreen portal. When onboarded with a client, the RESORSUS team does not limit themselves to matters of mitigation with VCCs but also advises clients on improving their sustainability policies within the expertise of RESORSUS.
Frequently Asked Questions
Q: Are VCC reduction plans good?
A: A GHG reduction–centered project is often expensive. To sustain this type of initiative, project managers need reliable cash flow, and VCCs are a very simple way to support such projects.
Q: Do mitigation plans give the right to pollute?
A: No. VCCs are used by organizations that are already emitting greenhouse gases. The concept serves the principle of "polluters pay." Voluntary carbon credits are not the answer to the climate crisis itself. However, they are one of the best tools we have today as we work toward net zero, and around the world VCC markets are funding many climate action projects.
Before taking any action, please REDUCE!
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