Benchmarks
Measurability
The carbon mitigation qualities of projects are scientifically measurable. gco2 only invest in projects which are developed in line with methodologies supported by the global leader in the field of carbon reducing projects, The United Nations Framework Convention on Climate Change (UNFCCC).
Verification
Every project financed by gco2 is independently audited by an approved independent body (Auditors are approved as Designated Operational Entities (DOE) under the UN. The independent audit ensures that the projects fully comply with the methodologies employed and that the carbon reductions from the project are accurately tracked.
Additionality
gco2 believe “additionality” is the cornerstone of effective carbon offset projects as this is the key to ensure that your money is truly making a difference.
In analysing projects to develop/finance gco2 ensure:
- The project would not have happened anyway. i.e. The development of the project is not a legal requirement of the developer.
- The development of the project would not be financially viable without funding from offsets.
- Emission reductions are NOT double counted
