Global Carbon Standard Update: Charting the Path Forward
In the ongoing fight against climate change, it’s clear that we need new ideas more than ever. Our society has seen how harmful our carbon footprint can be, leading to actions focused on cutting down emissions and lessening harm to the environment. One of these actions is Carbify, a bold plan made to change how we track carbon. But as we moved forward, it became obvious that some parts of the project had to be looked at again and improved.
We are ever critical of carbon credits because we see some major problems with the current system. Even though carbon credits were meant to do good, they mostly have not worked well in practice. This led us to look for a different way to do things. That’s how the Global Carbon Standard came about as a new way to calculate CO2 emissions and introduce carbon debits.
Moving Carbify to the Netherlands opened up chances for it to grow, leading us to offer Carbon Debits for businesses. However, as we got more into the details of tracking carbon, we saw how crucial it is to have our work checked and approved by others. We needed an independent entity validating our work.
Even though trusted companies like Earthood check and validate our work and we follow UNFCCC rules and guidelines, Carbify needs to make its certification process separate. So, we started a non-profit called ‘Global Carbon Standard (GCS)’ in the United States. This move makes sure we’re clear and fair in how we check and approve our plant projects.
The reason we did this is because working with big companies like Microsoft, ACX, and ICROA made it clear that we needed to separate our certification process. They strongly advocated for an independent Global Carbon Standard, which prompted us to act swiftly. Therefore, we enlisted the help of our team of ecologists to establish a Global Carbon Standard organization in the USA. This entity operates on an NGO/Non-Profit model. Carbify/CarbonDebits board members are not associated with this entity; it is operating fully independent of Carbify/CarbonDebits.
By stepping back from the certification process, Carbify and Carbon Debits can now happily say that an outside entity, the Global Carbon Standard, approves their work. This support makes them more trustworthy and opens doors for more people to know about them and work with them.
Looking ahead, working with GCS gives us many opportunities. We can try to get ICROA certification and start new projects, supported by the trust and honesty that comes from being checked by someone else.
We’re excited to keep helping shape how we account for carbon. Even though we’re not in charge anymore, we’ll work with Earthood to improve the GCS 2.0. This teamwork makes sure our standard can handle new environmental challenges. In short, moving from Carbify/CarbonDebits to the Global Carbon Standard is more than a name change. This shows that our company is committed to doing everything possible to provide a solution for the future of carbon debits, in a completely transparent, compliant, valid, and credible way. As we deal with the tricky issues of carbon, we’re focused on a sustainable future. With help from groups like GCS, we aim to make a real difference for a healthier planet.
