Collection of examples! Carbon Credit Project Various types

10/07/2024

carbon credits It is like a license that shows the amount of greenhouse gases that can be reduced or stored. Relevant agencies will issue this permit to projects undertaken to reduce air pollution. Carbon Credit Project There are many types. Each type has different goals, methods, and results. This article aims to present an example. Carbon Credit Project Various types To serve as a guideline for those interested in studying and participating in these projects.

Types of carbon credit projects

1. Project to reduce greenhouse gas emissions

This type of project is one of the carbon credit projects that focus on reducing the amount of greenhouse gases released into the atmosphere. Example projects include:

Switching to renewable energy: This project promotes the use of clean energy such as solar energy, wind energy, and water energy instead of fossil fuels.
- Project to install solar panels on house roofs
- Wind power plant construction project
- Biomass power plant development project
Improving energy efficiency: This project focuses on reducing the overall energy consumption of an organization or household.
- Project to change to use LED light bulbs
- Project to install an energy-saving air conditioning system
- Project to improve energy efficiency in industrial plants
Waste management: The project focuses on reducing the amount of methane released from waste decomposition.
- Waste separation project
- Waste recycling project
- Waste-to-energy project
- Compost production project Biogas production project
Reforestation: The project focuses on increasing forest area to absorb carbon dioxide.
- Reforestation project
- Reforestation project in degraded areas
- Reforestation project to restore mangrove forests

2. Carbon storage project

This type of project focuses on capturing and storing carbon dioxide so that it cannot be released into the atmosphere. Example projects include:

Carbon capture and storage (CCS): This project uses technology to capture carbon dioxide from sources such as power plants and industrial factories. and stored underground

3. Carbon Market Project

This type of project is another carbon credit project that is a mechanism that allows greenhouse gas emitters to purchase carbon credits from projects that reduce or store greenhouse gases. Example projects include:

Carbon Credit Trading System: This system allows buyers and sellers of carbon credits to transact freely.
Carbon offset projects: Organizations or individuals can offset their own greenhouse gas emissions by purchasing carbon credits from projects that reduce or store greenhouse gases.

Carbon credit registration project in Thailand

Voluntary greenhouse gas reduction project according to Thailand standards (T-VER)

Operated by the Greenhouse Gas Management Organization (TGO), Ministry of Natural Resources and Environment.
Focus on encouraging all sectors to participate in reducing greenhouse gas emissions.
Certified projects will receive “carbon credits” that can be used to offset greenhouse gas emissions. or trade on the carbon market

Voluntary cooperation project to reduce greenhouse gas emissions (JCM)

Operated by the Department of Environmental Quality Promotion Ministry of Natural Resources and Environment
It is a cooperation between Thailand and Japan.
Focus on reducing greenhouse gas emissions in various sectors.
Projects that are certified will receive a “JCM Greenhouse Gas Reduction Certificate”.
Can be sold on the carbon market or used to compensate for greenhouse gas emissions

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