{"id":1940,"date":"2021-09-08T12:13:08","date_gmt":"2021-09-08T12:13:08","guid":{"rendered":"https:\/\/design302.webdemoserver.online\/?post_type=insights&#038;p=1940"},"modified":"2021-12-01T21:35:20","modified_gmt":"2021-12-01T21:35:20","slug":"additionality","status":"publish","type":"insights","link":"https:\/\/design302.webdemoserver.online\/en-ca\/impact-investing-news\/impact-investment-insights\/additionality\/","title":{"rendered":"Additionality"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Have you ever heard about #additionality, besides 1+1 =2?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In simple terms, the concept of additionality is the property of activity being additional. In fact, this basic term is also applicable when talking about the environmental crediting markets!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">(See Impact #5 On Carbon Credits)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the Carbon Offset Guide, \u201cGHG reductions are additional if they would not have occurred in the absence of a market for offset credits\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In other words, if there is a presence of GHG reductions without selling carbon offset credits, then they are not considered additional.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionality is essential for the quality of carbon offset credits because if the GHG reductions are not additional, then purchasing offset credits instead of reducing your own emissions could negatively affect climate change.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A question to ask yourself: Would the activity reducing GHG emissions have been done anyway, even without selling carbon offset credits?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the answer is yes, then the carbon offset is not considered to be additional.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although additionality is essential, it is a topic that can cause misunderstanding. The reason why additionality can be a difficult concept to grasp is because of how common GHG-reducing activities occur.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more on Carbon additionality here: https:\/\/www.offsetguide.org\/high-quality-offsets\/additionality\/<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Source:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">https:\/\/climatechangeconnection.org\/solutions\/carbon-pricing\/cap-trade-system\/carbon-offsets\/ https:\/\/www.offsetguide.org\/high-quality-offsets\/additionality\/<\/span><\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p><span style=\"font-weight: 400;\">According to the Carbon Offset Guide, \u00ab GHG reductions are additional if they would not have occurred in the absence of a market for offset credits. \u00bb.<\/span><\/p>\n","protected":false},"author":1,"featured_media":2682,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-1940","insights","type-insights","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - 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