- ShiftCarbon (TSF) has completed approvals for two of the highest standards of carbon offset verification: Verra and Gold Standard
- These qualifications empower ShiftCarbon to ensure that every carbon credit and offset it provides comes from verified and high-quality projects across the world
- Verra and Gold Standard represent the vast majority of the voluntary carbon market, making them the most important recognized standards in the world
- ShiftCarbon (formerly TraceSafe) provides a platform for carbon accounting, offsetting and MRV (measurement, reporting and verification) automation of carbon offsets using modular software and IoT sensor technology
- TraceSafe Inc. (TSF) last traded at $0.18 per share
ShiftCarbon (TSF) has completed approvals for two of the highest standards of carbon offset verification.
These are Verra and Gold Standard.
These qualifications empower ShiftCarbon to ensure that every carbon credit and offset it provides comes from verified and high-quality projects across the world.
Verra’s programs allow certified projects to turn their greenhouse gas (GHG) emission reductions and removals into tradable carbon credits.
Verra and Gold Standard represent the vast majority of the voluntary carbon market, making them the most important recognized standards in the world.
Since its launch in 2006, Verra’s VCS Program has grown into the world’s largest voluntary GHG program.
There are currently 1,600 registered projects in over 82 countries that have generated more than 450 million carbon credits, the equivalent of 98 million passenger vehicles being taken off the road for one year.
Gold Standard-certified projects have created over $31 billion in shared value for climate action and sustainable development.
By creating robust standards for climate and development interventions that enable the credible measurement of impact, Gold Standard aims to create $100 billion in shared value by 2030.
“This is a huge milestone for ShiftCarbon as we gather momentum towards capturing a new market,” noted Wayne Lloyd, CEO.
“One of our key objectives is to provide credibility and meet the highest standards in carbon offsets, and with Verra and Gold Standard registries, our customers can be sure of the impact of their action,” he added.
ShiftCarbon provides a platform for carbon accounting, offsetting and MRV (measurement, reporting and verification) automation of carbon offsets using modular software and IoT sensor technology.
ShiftCarbon (TSF) (formerly TraceSafe) last traded at $0.18 per share.