10 Steps to Becoming a Carbon Neutral Business

Page 33 STEP 08: BALANCE YOUR REMAINING EMISSIONS How do carbon credits work? YOUR ORGANIZATION OFFSETTING PROJECT PROJECT DEVELOPER INDEPENDENT THIRD PARTY 1. Your organization financially invests in the establishment of a carbon offsetting project through a project developer 2. The project developer establishes a new carbon offsetting project , or uses your investment to cover the cost of setting up a project in the past 3. A third party verifies and audits the project 4. The carbon credits generated by the project are initially transferred to the project developer 5. The project developer transfers the carbon credits to your organization