1、How-to guide for voluntary carbon credit portfolio design2How-to guide for voluntary carbon credit portfolio designContentsThe role of voluntary carbon credits in reaching global net-zero emissions 09A portfolio approach to procuring voluntary carbon credits 1302.01.03.04.Executive summary 05Conclus

2、ion 343How-to guide for voluntary carbon credit portfolio designGlossary,acronyms and abbreviationsGlossary abatementMeasures that companies take to prevent,reduce or eliminate sources of greenhouse gas(GHG)emissions in their value chain.Examples include reducing energy use,switching to renewable en

3、ergy and reducing chemical fertilizer use.beyond value chain mitigationMitigation action or investments that fall outside a companys value chain,including activities that avoid or reduce GHG emissions or remove and store GHGs from the atmosphere.carbon creditA tradable unit issued by a carbon credit

4、ing program/standard that represents a verified reduction or removal of GHGs from the atmosphere equivalent to one metric ton of CO2-equivalent.Carbon credits are uniquely serialized,issued,tracked and canceled or retired by means of an electronic registry.carbon dioxide removal(CDR)Anthropogenic ac

5、tivities that remove CO2 from the atmosphere and durably store it in geological,terrestrial or ocean reservoirs or products.historical emissionsThe estimated emissions,inclusive of all scopes,of a firm since its founding.insettingA strategy used to describe climate mitigation projects or programs wh

6、olly contained within the scope 3 value chain boundary of a company or projects partially within its scope 3 supply chain boundary(spanning its supply chain and other companies supply chains).natural climate solutions(NCS)Nature-based solutions(NbS)that address climate change.nature-based solutions(