A carbon credit represents one ton of carbon dioxide that has been removed from the atmosphere, avoided or sequestered. The creation and trading of carbon credits is an essential tool in the effort to reduce global greenhouse gases through cap and trade schemes or voluntary endeavors. The trading of credits helps to finance emissions-reduction projects that might otherwise be unaffordable. Our role is to confirm whether genuine and permanent emission reductions are actually being generated. This is the critical step to ensure the integrity of the carbon offset market.
DNV GL has extensive international project experience, and is increasingly focusing on the North American mandatory and voluntary carbon markets, providing validation/verification services under the Climate Action Reserve (CAR), California Air Resources Board (CARB), American Carbon Standard (ACR), Verified Carbon Standard (VCS), British Columbia Carbon Registry (BCRR), The Climate Registry (TCR), Carbon Disclosure Project and the Community, Conservation and Biodiversity Standard (CCBS), among others.
As the leading verifier, DNV GL has extensive experience in project areas that are key for the North American market, including forestry, agriculture, landfills, coalmine methane, livestock, energy efficiency, and Ozone Depleting Substances. As an ANSI accredited firm, we are able to provide validation/verification services for projects around the globe.
In addition to our focus on offset project related services, DNV GL also provides advisory and verification services for corporations looking to address their carbon and water footprints.
For 150 years DNV GL has been dedicated to safeguarding life, property and the environment, helping organizations worldwide to advance the safety and sustainability of their business. Operating in more than 100 countries, DNV GL’s 16,000 professionals provide best-in-class certification, verification, assessment and training services that help the company’s customers make the world safer, smarter and greener.
The company’s Sustainability Advisory and Assurance teams support the development and rigor of sustainable business performance.
SOURCE DNV GL