đ Voluntary Emission Reduction (VER) đ
- Goldstein Carbon
- Nov 1, 2024
- 1 min read
Updated: 4 days ago
Voluntary Emission Reductions (VER) are emission reduction projects undertaken without legal obligations.
Environmental benefits generated by accredited and audited VER projects can be quantified into carbon credits and traded on voluntary or over-the-counter markets. Companies, organizations, or individuals voluntarily purchase carbon credits from these projects to offset their carbon footprints, independent of legal requirements. Thus, VER projects benefit from global incentives that financially support these initiatives.
Voluntary emission reductions contribute to global carbon mitigation. They form the basis of voluntary carbon markets and can be traded as carbon credits.

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