Carbon Basics
A Carbon offset is a market based incentive to fix the environment. An offset typically represents one equivalent tonne of CO2 removed from the atmosphere by a green project (e.g. reforesting an area of land). Projects can issue certificates verified by an independent board, provided they meet a certain set of criteria. Individuals or corporations can then purchase a carbon offset, in order to reduce their carbon footprint.
Carbon offsetting is effective as long as the offsets are ‘additional’, meaning that they would not have occurred in the absence of an offset market. They must also be permanent, e.g. a tree planted as an offset must not be cut down. Changeblock ensures that every offset listed on our platform meets this criteria.
Changeblock submits the answers to questions about your lifestyle through our algorithm. The algorithm is able to determine the closest estimate for your footprint and is trained using the average GHG usage of UK households.
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The voluntary carbon markets function outside of compliance markets and enable companies and individuals to purchase carbon offsets on a voluntary basis with no intended use for compliance purposes. In short, this is a market that exists to allow companies, individuals and institutions to help the environment through carbon offsetting of their own free will, without being compelled to through legal means.
Last modified 10mo ago