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What are carbon credits?

Carbon credits for the purpose of the FLY greener carbon offset programme are verified emissions reductions (VERs) generated from emissions abatement projects verified in accordance with the Voluntary Carbon Standard (VCS) or an equivalent or higher global standard. The VCS developed by The Climate Group, the International Emissions Trading Association (IETA) and the World Business Council for Sustainable Development is aimed at ensuring the integrity of the voluntary offsetting market.