Natural Capital Credits place the significance of biodiversity protection right at the heart of these carbon credits being achieved. No Natural Capital Credit is issued without demonstrating real, additional and measurable benefits to the biodiversity of the region, in addition to the protection of the standing forests.
Every project requires third party auditing to verify that the benefits of the project are well designed and effective. The project must also prove, with appropriate data, that the benefits claimed were actually achieved. This verification audit must be done before carbon credits are made available, but after the benefits have occurred.
Following verification, when the Natural Capital Credits have been issued, these carbon credits can then be used to offset carbon impacts. Companies and individuals alike can make voluntary carbon credits part of their climate change reduction goals and forest carbon projects can take a lead role in these strategies.
Those that choose to voluntarily reduce their carbon footprint (their CO2 emissions from their everyday lives and activities) can use carbon credits such as Natural Capital Credits. They contribute to forest protection, biodiversity conservation and contribute to communities within the forest protection areas and provide social and economic enhancements to them such as clean drinking water, healthcare provisions, employment and many other vital benefits.
Carbon credits help protect the environment, and they drive funds towards the projects that generate them, to ensure the long-term implementation of these nature-based natural climate solutions to climate change. Ciaran Kelly, who has spent a lot of time in the Amazon rainforest, maintains that the benefits of protecting the rainforest are significant and can be one of the strongest mechanisms for tackling climate change.
Natural Capital Credits should be recognised as one of the highest quality carbon credits available. This is due to their contribution to an amalgamation of benefits for the environment, the planet and the wider global population as a whole. The contribution Natural Capital Credits projects make towards the protection of at-risk rainforests is extremely important and should be utilised by as many people as possible towards their carbon footprint goals and strategies – from individuals right through to large corporations.