Carbon Avoidance

Subtype

Definition: Tokens certifying avoided greenhouse gas emissions.

Description

Unlike removals, these assets focus on emissions reduced or not emitted through clean technology or conservation.

Example

CarbonPath combats climate change by permanently sealing leaking oil and gas wells, preventing the release of millions of tonnes of methane (CH4) and carbon dioxide (CO2) into the atmosphere. The protocol issues tokenized carbon avoidance credits from their activities.