Carbon credits: news from the voluntary market

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Voluntary carbon markets have experienced significant evolution in recent years, especially the so-called Natural Based Solutions (NBS). It aims to stimulate ecological processes and systems through additional sustainable practices. The quantification of its impact and rigorous verification allow companies and individuals to offset their CO emissions2 through these projects, where the conservation and sustainable management of natural capital is valued.  

These solutions are based on the fact that nature can offer efficient and profitable ways to sequester or reduce CO emissions.2, aligning with the concept of just transition towards the decarbonization of the productive system. NBS include a wide range of strategies, such as reforestation, improved forest management, wetland restoration, regenerative or conservation agriculture, and sustainable waste management, among others. 

Spain is a country with a considerable volume of agricultural production, so there is great potential for these markets to stimulate the use of sustainable practices and offer additional financing to primary producers, valuing such practices that care for the environment and that in turn increase the resilience of the agricultural system against the effects of climate change. 

Widely recognized international standards such as Verra or Gold Standard offer rigor and methodological support to such projects that not only address the issue of climate change, but also offer benefits for ecosystem services and local communities. These practices can protect and improve biodiversity, water quality and help conserve habitats. They also provide socio-economic benefits, such as jobs in land and forest management, and rural development opportunities. 

Demand for high-quality carbon offsets is on the rise, driven by corporate carbon neutrality goals, government policies and growing public recognition of the urgency of climate action.  

At ECOTERRAE we work with farmers, ranchers and forestry managers to guarantee the integrity and effectiveness of practices through rigorous quantification and monitoring methodologies, ensuring a positive and fair impact on local communities. Fulfilling these premises, nature-based solutions are called to play an increasingly important role in the global fight against climate change. 

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