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Climate Compensation Claim

Definition

Claims which convey to audiences that the organization has delivered BVCM proportional to a stated percentage of unabated value chain emissions and that the BVCM outcomes counterbalance or “net out” that stated percentage of unabated value chain emissions.
The draft GHG Protocol Land Sector and Removals Guidance describes “compensation targets” related to the use of carbon credits as “a target for achieving mitigation external to the target boundary through purchasing and retiring GHG credits (also called offsets or carbon credits) to compensate for annual or cumulative unabated emissions in the target boundary, if allowed under the relevant target setting program or target setting policy.”

Additional Notes

Related to BVCM,
Mitigation,
Carbon Credit

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