Introduction to the Models - Appendix C

In addition to the Project Guidelines developed, this Appendix lays out the different models for potential public-private partnerships (or PPPs) to generate emissions reduction credits (ERCs) from deploying technologies that reduce or remove emissions. These could also include activities that are part of larger infrastructure-type investments.

Data from the State of the Voluntary Carbon Markets 2021 shows that as of 31 August 2021, voluntary carbon markets had already posted $748.2M USD in sales for 239.3 million credits, each representing one ton of carbon dioxide equivalent, reflecting a 58% year-to-date jump in value (up from $472.9M), and growth in credit volume of 27% over 2020 performance (up from 188.2 million credits transacted). 2020 was already a banner year for voluntary carbon markets, continuing 2019’s strong growth trajectory despite the emergence of COVID-19 making 2021’s performance all the more striking.

These Project Assessment Guidelines aim to provide a comprehensive and adaptable guide to identify and develop ERC projects and investments in order to generate high-quality ERCs to be sold in global markets.