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π¬ Ask Your Legal Query NowA carbon credit is a tradable permit that represents the reduction of one metric ton of carbon dioxide or equivalent greenhouse gas emissions.
They connect businesses reducing emissions with buyers who want to offset their carbon footprint through verified credits.
Accredited agencies like Verra, Gold Standard, or UNFCCC validate emission reductions before credits are issued.
Yes, clean energy, reforestation, or waste-to-energy startups can monetize their impact by registering and selling credits.
Blockchain ensures transparency, traceability, and prevents double-counting of credits through immutable records.
They can purchase through exchanges, brokers, or directly on digital carbon credit marketplaces.
Yes, both voluntary and compliance markets exist with specific rules depending on jurisdiction and credit type.