Voluntary Carbon Standard
Encyclopedia
The Verified Carbon Standard (VCS) formerly the Voluntary Carbon Standard is a quality standard for voluntary carbon offset
industry. Based on the Kyoto Protocol's
Clean Development Mechanism
, VCS establishes criteria for validating, measuring, and monitoring carbon offset projects.
Carbon offset
A carbon offset is a reduction in emissions of carbon dioxide or greenhouse gases made in order to compensate for or to offset an emission made elsewhere....
industry. Based on the Kyoto Protocol's
Kyoto Protocol
The Kyoto Protocol is a protocol to the United Nations Framework Convention on Climate Change , aimed at fighting global warming...
Clean Development Mechanism
Clean Development Mechanism
The Clean Development Mechanism is one of the "flexibility" mechanisms defined in the Kyoto Protocol . It is defined in Article 12 of the Protocol, and is intended to meet two objectives: to assist parties not included in Annex I in achieving sustainable development and in contributing to the...
, VCS establishes criteria for validating, measuring, and monitoring carbon offset projects.