This needs a certain methodology or protocol that’s meant for a specific type of a project that generates the credits.īut project developers can also propose new protocols for the project. Methodology developmentīefore any carbon reductions are certified to be carbon offset credits, they have to show that they meet the criteria. The Carbon Offset Lifecycle and When to Buy the Credits Stage 1. And then consider when in a credit or an offset’s lifecycle to make the purchase. Then you can determine the amount of carbon credits to buy.īut before you draw out a check for the payment, take a break. It will also help provide financing to carbon mitigation projects.Īfter calculating your company’s total carbon footprint, it’s time to decide how much of it is for offsetting. This carbon accounting is to make sure that your firm doesn’t emit more than it can absorb.
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