Do 3Degrees projects meet external high quality standards?
3Degrees sources Verified Emission Reductions (VERs) from the following external high quality standards: Gold Standard, California Climate Action Registry (CCAR), Voluntary Carbon Standard (VCS), Community, Climate and Biodiversity Alliance (CCBA), UNFCC Clean Development Mechanism (CDM), VER+, and selected offset protocols of the Chicago Climate Exchange (CCX). We strongly believe in transparency and believe there is no place in the carbon markets for standards created by the companies that buy and sell offsets. We see this as a clear conflict of interest. Ultimately, we believe strongly in market standardization to bolster consumer confidence in the carbon market. We are weary of vendors that use “proprietary” verification standards that are not in the public domain and lack public input.