How is Credible Carbon different?

Our aim is to support good projects

Credible Carbon exists for projects. We aim to keep transaction costs to a minimum and shorten the time between project initiation and revenue flows back to the project.

We are not offering you the chance to buy complacency

Credible Carbon encourages lifestyle and structural changes that will reduce greenhouse gas emissions and provides tangible advice on how to achieve this. We only recommend carbon trading where such change is not possible or too difficult. Carbon trading should not allow investors to buy complacency with regards to the need to reduce their emissions.

We are African based

Credible Carbon is run by people based in Africa focusing on poverty alleviating emissions reduction projects for the benefit of Africa. At PACE we use our network of local relations established over many years to overcome these barriers.

This distinguishes us from companies currently trading emissions reductions most of which are based in industrialized countries and driven by the quest for cheap emissions reductions and large scale transactions. This focus can prove damaging to small-scale poverty alleviation projects in Africa many of which require locally informed, tailored assistance.

We are poverty-alleviation focussed

It is easy to reduce emissions in a way that makes no impact on developing country poverty. Indeed many carbon trading projects aggravate poverty. PACE is committed to the dual mandate, envisaged in the original carbon trading concept, of reducing emissions and poverty simultaneously. At PACE we believe that both poverty alleviation and emissions reductions are essential in combating global warming, and integral to environmental justice.

What are the features that make "credible carbon" projects credible?

  • Adhere to the principles of CDM and "Gold Standard" methodologies even if we do not register with these programmes.
  • Have all projects independently audited to check carbon credit volumes and poverty alleviation impacts.
  • Deliver quantifiable poverty alleviation benefits
  • Encourage site visits and face-face meetings with project beneficiaries for all buyers, and provide real-time links between off-setters and projects on our web-page.
  • Establish ongoing relationships with beneficiaries to ensure appropriate and relevant projects