Double Use
A situation in which the same carbon credit is counted twice towards achieving mitigation targets or goals (e.g. if two entities claim emission reductions or removals from the cancellation of one carbon credit)
Double Issuance
A situation in which more than one carbon credit is issued for the same emission reduction or removal.
Double Claiming
A situation in which the same emission reduction or removal is claimed by two different entities towards achieving mitigation targets or goals.
Decarbonisation
Decarbonisation refers to the process that governments, individuals and most importantly business use to achieve zero existence of carbon emissions from their activities.
Direct Air Capture
Direct air capture (DAC) is a chemical process by which CO2 is captured directly from the ambient air. Captured C02 is normally then appropriately stored, which is referred to as Direct Air Capture and Storage (DACS)
Downstream Emissions
When speaking about Scope 3 or other indirect emissions, downstream emissions refer to all the emissions generated from activities happening downstream the value chain emissions of a company.
Double Counting
When two or more companies engage in joint operations of any sort in any step of a value chain and at the time of reporting emissions use different consolidation approaches (one company follows equity share approach while the other follows the financial control approach for example) emissions from that joint operation can be double counted.
Direct Emissions (Scope 1)
Direct GHG emissions (Scope 1) are those emissions from sources that are owned or controlled (financial or operational control) by the company.