The Fair Credits Standard draws on real world evidence derived from a systematic analysis of over 300 peer-reviewed journal articles. This analysis has been submitted for publication in a leading international peer-reviewed academic journal.
Our review identified the following themes underpinning the relationship between local rights holders and voluntary carbon or biodiversity credit schemes:
Perceptions of equity and justice amongst rights holders
Land tenure and ownership systems
Eligibility, willingness and ability to participate in decision-making
Payments of revenue from credit sales to rights holders
Monitoring and enforcement
These themes underpin the Fair Credits Standard framework and associated criteria for voluntary carbon and biodiversity credit schemes which must be met in order to gain the status of ‘high integrity’.
Our Standard therefore enables successful schemes to be marketed as generating premium ‘high integrity’ credits. As we do not issue credits, there is no conflict of interest.
