Carbon credits create a market for GHG reduction by giving a monetary value to pollution. The concept of carbon sequestration was enshrined in the Kyoto Protocol Conference in 1997 in order to contain and reverse the build-up of CO2 in the atmosphere in order to reduce the greenhouse effect. Under this scheme, and through the CDM, specific reduction targets on emissions have been proposed for developed countries.
A key focus of Consortium’s expertise is to establish a sound understanding of the carbon market and offer clients a competitive advantage in their respective projects and developments. The process works by creating and implementing carbon reduction management strategies, including carbon offsetting and sequestration, as well as advising clients on the most feasible and beneficial routes forward in the carbon finance industry. Our clients span a range of sectors such as renewable energy, agriculture, waste management, and forestry.
Carbon Credits is an important component of the Consortium's expertise in so far that most of the elements of the solutions presented have an environmental/sustainability component. The process that results in a project to earn carbon credits is extremely complex and rigorous and can only be done by UN accredited processes and in order for a project to qualify, a detailed project analysis must be unertaken that accesses the carbon emissions impact BEFORE or at the same time a project is initiated. Only after the project viability from a carbon finance point of view has been calculated and approved by the UN controlling board, can the project earn carbon credits, with the control and on-going monitoring taking place to ensure the prescribed emission levels are in check, and the technological processes are performing as they should. This means that all projects that qualify for carbon credits in CONNEXION's basket of products would generate an additional annual income over a specific crediting period (seven year period on average).