What are the different types of carbon credits?

There are several types of carbon credits that can be classified by the type of project that generates them or by the standard used to certify them. Here are some examples:

• Forestry credits: These credits are generated by afforestation, reforestation or deforestation prevention projects. Forests absorb and store atmospheric CO ₂ , making them a key tool for mitigating changing environmental conditions.
  Read more: How forest carbon credits are changing the timber market
• Verified Carbon Standard (VCS) credits: These credits are certified according to the Verified Carbon Standard, a widely recognized and respected standard for carbon offsets. VCS credits are generated by various projects such as renewable energy, forestry and energy efficiency.
• Gold Standard (GS) Credits: These credits are certified to the Gold Standard, a standard that requires a high level of environmental and social sustainability in addition to reducing carbon emissions. GS credits are generated by renewable energy sources, energy efficiency, sustainable agriculture and forestry projects.
• Carbon capture and storage (CCS) credits: These credits are generated by projects that capture CO emissions ₂ from industrial processes or energy production and store them underground or in other facilities for long-term storage.
• Renewable Energy Credits (RECs): These are carbon credits generated by renewable energy projects such as wind, solar, hydro or biomass. Carbon emissions avoided in the production of electricity from renewable sources can be converted into carbon credits.
• Credits for energy efficiency: These credits are generated by projects that reduce energy consumption and promote energy efficiency. Examples include upgrading buildings, upgrading lighting, and installing more efficient heating and cooling systems.

These are just a few examples of the types of carbon credits. Each type of credit has unique characteristics and can play an important role in reducing carbon emissions and promoting sustainable development. (AI) DGB group