Net-Positivity

OUR GLOBAL CARBON VERIFIERS AND STANDARDS

WE ONLY ADOPTED GREATEST STANDARDS

NET-POSITIVITY STANDARDS

Net-Positivity is committed to upholding the highest standards in carbon offsetting to promote transparency, credibility, and excellence in all its offset projects. Our
dedication to environmental stewardship drives us to adopt stringent guidelines for creating, quantifying, and verifying carbon offset initiatives.
To ensure the integrity of our offset projects, we adhere to a set of precise carbon offset standards. These standards serve as the foundation for our commitment to
making a real and measurable impact on carbon emissions reduction. The core principles of these standards are:

Real and Additional Impact

Every offset project initiated by Net-Positivity is carefully selected to ensure it delivers real and additional greenhouse gas reductions. We are resolute in our pursuit
of projects that wouldn’t have occurred without our intervention, making a tangible difference in combating climate change.

Permanence and Long-Term Sustainability

We believe in creating lasting change. The projects we endorse must exhibit long-term permanence in their carbon reduction efforts, ensuring the positive impact is
sustained over time.

Quantifiable and Measurable Results

Accountability is essential in our mission to tackle climate change effectively. All our offset projects are meticulously quantified, allowing us to measure and track the
precise impact of each initiative.

Independently Verified Offsets

Transparency and credibility are paramount. Our carbon offset projects undergo rigorous independent verification by reputable third-party organizations. This
verification process guarantees the accuracy and legitimacy of the offsets we provide.

Avoidance of Double-Counting or Double-Selling

Net-Positivity adheres to strict protocols to prevent double-counting or double-selling of carbon credits. Each offset credit is unique and only attributed to one entity,
ensuring the credibility and authenticity of our carbon offset initiatives.

At Net-Positivity, we take great pride in our commitment to making a positive impact on the environment. To achieve this, we exclusively adopt the industry-leading
carbon offset standards, which currently include the Gold Standard, Verified Carbon Standard, Climate Action Reserve, CSA Group, and American Carbon Registry.
These internationally recognized standards have a proven track record of excellence and credibility, providing assurance that our efforts contribute meaningfully to
the fight against climate change.

By embracing these stringent carbon offset standards and partnering with reputable organizations, we are confident that every carbon offset credit generated by NetPositivity represents a genuine contribution towards a more sustainable and carbon-neutral future. Our dedication to transparency, accountability, and environmental stewardship drives us forward as we strive to create a world where carbon neutrality is not just a goal but a reality. Together, we can make a lasting and positive impact on our planet’s health and the well-being of future generations.

UN-REDD+

REDD+ stands for “Reducing Emissions from Deforestation and Forest Degradation, Plus Conservation, Sustainable Forest Management, and Enhancement of Forest Carbon Stocks.” It is a framework for climate change mitigation efforts, particularly in the context of reducing carbon emissions from activities related to deforestation and forest degradation.

The concept of REDD+ emerged as a response to the recognition that deforestation and forest degradation are significant contributors to greenhouse gas emissions, particularly carbon dioxide (CO2). When forests are cleared or degraded, the carbon stored in trees and vegetation is released into the atmosphere, contributing to global warming and climate change.

The main objectives of REDD+ are twofold:

To Reduce Emissions from Deforestation and Forest Degradation

This involves implementing strategies and measures to halt or decrease deforestation and forest degradation. By protecting existing forests, it is possible to prevent further carbon emissions from being released into the atmosphere.

To Enhance Carbon Stocks and Promote Sustainable Forest Management

This component focuses on conservation and sustainable forest management practices that increase carbon sequestration and storage in forests. This may include afforestation (planting new forests) or reforestation (restoring previously deforested areas with new trees).

Under the REDD+ framework, countries or regions that successfully reduce deforestation and forest degradation or implement sustainable forest management practices can earn carbon credits. These carbon credits are known as “REDD+ credits” or “forest carbon credits.” They represent a quantifiable unit of carbon dioxide equivalent (CO2e) that has been prevented from entering the atmosphere due to forest conservation and enhancement activities.

REDD+ projects can play a crucial role in climate change mitigation by providing financial incentives to countries and communities to protect their forests and adopt sustainable land use practices. Additionally, REDD+ initiatives can contribute to biodiversity conservation, support local communities, and promote sustainable development.

It’s important to note that while REDD+ projects have the potential to make a significant impact on climate change mitigation, there are challenges related to monitoring, reporting, and verifying emissions reductions accurately. Ensuring the integrity and effectiveness of REDD+ projects requires robust methodologies, transparent accounting, and robust monitoring systems to track emissions reductions and carbon sequestration accurately.

THE GOLD STANDARDS

The Gold Standard is a certification body that operates with a clear mission to maximize the impact of climate and development funding. By focusing on delivering clean energy, water, and responsible land management, the Gold Standard aims to effect transformative change in the lives of the world’s impoverished populations. Through its rigorous verification process, the Gold Standard inspires confidence and drives investments in sustainability practices.

At the heart of the Gold Standard’s approach are its fundamental principles, ensuring that all certified projects align with sustainable development goals. Each project must comply with UN Millennium Development Goals, fostering progress in critical areas such as poverty eradication, health, education, and gender equality. By enhancing sustainable development, Gold Standard projects prioritize the long-term well-being of communities and the environment they depend on.

Recognizing the significance of local engagement and collaboration, the Gold Standard insists on involving relevant stakeholders throughout project implementation. This inclusive approach empowers communities to actively participate in decision-making processes, fostering a sense of ownership and sustainability.

The Gold Standard’s commitment to delivering real greenhouse gas reductions is pivotal in the fight against climate change. Projects are meticulously designed to measurably reduce carbon emissions and mitigate the impacts of global warming. By adhering to stringent emission reduction targets, Gold Standard projects contribute significantly to combatting climate change.

Furthermore, Gold Standard projects operate within the bounds of local laws and regulations while upholding the Gold Standard Principles. These principles ensure the highest standards of integrity, transparency, and ethical conduct, setting a benchmark for sustainable development initiatives worldwide.

To maintain accountability and efficacy, Gold Standard projects undergo regular monitoring and verification. This meticulous scrutiny ensures that projects continue to uphold the highest standards and deliver on their promises. By adhering to this rigorous process, the Gold Standard reinforces its commitment to credible and impactful sustainability practices.

In the spirit of transparency and efficient market operations, certified projects are retired on the Markit registry. This action bolsters confidence in the legitimacy of environmental credits generated by Gold Standard projects and strengthens the environmental market’s transparency and efficiency.

Through its holistic approach and unwavering dedication to sustainability and social progress, the Gold Standard plays a vital role in advancing a greener and more equitable world. By catalysing investments in transformative projects and fostering responsible environmental stewardship, the Gold Standard demonstrates the power of collective action in addressing global challenges and making a positive difference in the lives of vulnerable communities worldwide.

VERIFIED CARBON STANDARDS (VCS)

The Verified Carbon Standard (VCS) stands as a globally recognized benchmark for measuring voluntary greenhouse gas emission reductions and removals through project-based initiatives. Conceived collaboratively by The Climate Group, IETA (International Emissions Trading Association), WBCSD (World Business Council for Sustainable Development), and various businesses, the current iteration of VCS is Version 3.

The process of obtaining VCS certification demands rigorous validation by an accredited third-party to ensure compliance with the standard’s stringent criteria. Only projects that successfully meet these requirements earn VCS offsets, showcasing their commitment to real and impactful greenhouse gas reductions.

One noteworthy aspect of VCS is its flexibility in acknowledging Climate Action Reserve (CAR) offsets, enabling the conversion of CAR offsets into VCS offsets, thereby promoting cross-compatibility and expanding the scope of eligible projects.

In terms of validation rules, VCS leaves no room for compromise, adopting a level of robustness comparable to that of the Kyoto Protocol’s Clean Development Mechanism (CDM). This emphasis on comprehensive validation further enhances the credibility and reliability of VCScertified projects.

To ensure precision and accuracy in quantifying VCS offsets, Net-Positivity employs methodologies aligned with either the established CDM methodologies or Climate Action Reserve protocols. By leveraging these tried-and-tested frameworks, Net-Positivity ensures that VCS offsets reflect verifiable and tangible carbon reductions, adding credibility to our sustainability efforts.

Upon registering offsets using VCS, project listings and submittals become publicly accessible through the VCS Project Database website. This transparency fosters greater accountability and encourages knowledge sharing, enabling stakeholders to learn from successful projects and bolster sustainable practices across the board.

Through its steadfast commitment to VCS and adherence to rigorous validation processes, Net-Positivity demonstrates its unwavering dedication to making a meaningful and measurable impact on global carbon emissions. By participating in VCS-certified projects, we reinforce our commitment to creating a greener and more sustainable future for all, while driving positive change in the fight against climate change. Together, we forge ahead in our mission to protect the environment and uplift communities worldwide.

MALAYSIAN CARBON REGISTRY (MCR)

“In the realm of carbon offsetting, the Malaysian Carbon Registry (MCR) stands as a key authority responsible for overseeing the registration and verification of carbon offset projects. Operating with utmost transparency and adherence to approved carbon accounting methodologies or protocols, MCR plays a pivotal role in ensuring the legitimacy and credibility of carbon offset initiatives.

Through its meticulous processes, MCR issues carbon offsets with each credit representing the removal of one metric ton of carbon dioxide from the atmosphere. This metric ton equivalence serves as a tangible and measurable unit, solidifying the quantifiable impact of each offset
project.

MCR’s commitment extends to catering to specific offset products for both the California compliance market and the global voluntary carbon market. By catering to different markets, MCR facilitates a broader reach for offset projects, contributing to the fight against climate change on a global scale.

At the core of MCR’s operations lies the dedication to uphold the highest standards of carbon offsetting. MCR diligently publishes comprehensive standards, methodologies, protocols, and tools for greenhouse gas accounting, all grounded in ISO 14064 guidelines and sound scientific practices. This rigorous foundation ensures that all offset projects are built on credible and scientifically sound methodologies.

As a testament to its commitment to quality and integrity, the Malaysian Carbon Registry exclusively registers project-based carbon offset tons that are real, additional, permanent, and independently verified. The term “real” signifies the tangible and measurable nature of the carbon reduction efforts, while “additional” emphasizes the incremental contribution of the projects in reducing emissions beyond businessas-usual scenarios.

The concept of “permanent” is paramount, signifying that the carbon offsetting efforts are designed to create lasting impact, rather than being temporary solutions. This commitment to permanence ensures that the positive effects of the offset projects endure over time.

Moreover, MCR places great emphasis on independent third-party validation and verification of all carbon offset projects, adhering closely to the MCR Validation and Verification Guidelines. This robust verification process bolsters confidence in the credibility and efficacy of each carbon offset initiative.

With MCR’s unwavering dedication to stringent standards and scientific practices, it plays a pivotal role in advancing the cause of climate change mitigation. By ensuring that all carbon offset projects meet the highest criteria of credibility and impact, MCR empowers companies, governments, and individuals to take meaningful steps in reducing their carbon footprint and fostering a more sustainable future for generations to come. Together, we forge ahead, united in our commitment to preserving our planet for the well-being of all living beings.

CLIMATE ACTION RESERVE (CAR)

The Climate Action Reserve (CAR) is a prominent non-profit organization dedicated to addressing climate change by facilitating actions that reduce greenhouse gas (GHG) emissions. Established in 2001, CAR plays a critical role in the carbon offsetting domain as a trusted carbon offset registry and program administrator.

CAR’s primary function is to create and uphold rigorous standards and protocols that guide the quantification, verification, and registration of carbon offset projects. These projects encompass a wide range of initiatives, from renewable energy ventures to forestry and methane capture efforts, all aimed at achieving verifiable GHG emissions reductions.

Through a transparent and reliable registry, CAR tracks and records carbon offset projects, certifying their legitimacy and environmental impact. The organization also conducts meticulous third-party verification of these projects, ensuring they adhere to prescribed protocols and meet CAR’s exacting standards.

Once a project successfully completes the verification process, CAR issues carbon offset credits representing the quantified amount of GHG emissions reduced or removed. These credits hold tangible economic value and can be traded or sold in carbon markets, encouraging businesses and organizations to invest in emissions reduction projects.

CAR operates in both compliance and voluntary carbon markets, catering to entities seeking regulatory compliance or choosing to voluntarily offset their carbon footprint. By incentivizing emissions reduction initiatives and promoting sustainable practices, CAR plays a pivotal role in the global fight against climate change, fostering a more resilient and environmentally responsible future.

CSA GROUP

CSA Group offers registry services globally, serving clients in Canada and beyond. Their independent and transparent listings have expanded across various sectors in the last decade. They provide a platform for showcasing emission reductions, carbon offset projects, sustainable products, and building accessibility.

Working with partners, CSA Group aims to foster a better, safer, and more sustainable world by continually enhancing this valuable offering.

CAR is another noteworthy player in the carbon offset domain is CSA Group. As a global provider of registry services, CSA Group operates in worldwide, catering to a diverse clientele.

CSA Group’s reputation for independence and transparency has grown significantly over the past decade, as they have expanded their services to various sectors. Their platform serves as a showcase for emission reductions, carbon offset projects, sustainable products, and building accessibility initiatives.

By collaborating with partners, CSA Group is committed to driving positive change and contributing to a better, safer, and more sustainable world. Their dedication to continually enhancing their offerings underscores their role as an instrumental force in advancing climate action and sustainable practices.

With both the Climate Action Reserve and CSA Group actively supporting carbon offset initiatives and fostering sustainability, the collective efforts of these organizations play a vital role in addressing climate change and propelling us towards a more environmentally conscious and resilient future. Together, they facilitate the realization of emission reduction goals, inspire climate action, and promote a global shift towards a greener and more sustainable planet.

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