What is Climakind
Climakind specialises in genuine and effective carbon emissions reduction. Through Climakind you buy carbon emissions credits (otherwise known as European Allowances) on the European Union Emissions Trading Scheme (EU ETS). Climakind then cancels those credits. The carbon emissions you buy and cancel through Climakind will never occur!
The two steps to reducing carbon emissions
The two steps above work because the number of carbon emission credits in the EU ETS is limited. By buying and cancelling the credits you remove them from the market. The cancelled credits can never be used to emit carbon dioxide. The more credits you buy and cancel through Climakind the fewer credits available in the market. As the remaining credits become more expensive the alternative low-carbon solutions become more economically attractive.
See How the ETS works for more detail.
Proving your purchase cancels carbon credits
You receive a uniquely numbered Climakind Permit when you make a purchase. The Climakind Permit provides a link to Climakind’s purchase of carbon emission credits on the EU ETS. You can match your Climakind Permit number to our purchase order in the Climakind Progress Report. Climakind pools together funds so that we can purchase credits in large volumes.
Why we only use European Union Allowances
The only carbon credits Climakind buys are European Allowances from the EU ETS. The EU ETS is the only market that meets our stringent requirements which identify genuine carbon emissions. The EU ETS is a regulated compliance market, whose carbon emission credits are robust and verifiable. In 2008 carbon emissions in the EU ETS fell 3.1 percent, while global carbon emissions rose 1.94% in the same period.
Strengthening the ETS
Your actions through Climakind strengthen the impact of the Emissions Trading Scheme to reduce carbon emissions. Together through Climakind we can help make the ETS achieve deep cuts in carbon emissions beyond Kyoto targets. Act Now explains why we need to make deep cuts in carbon emissions to avoid irreversible catastrophes.
Cost effective solution
In theory anyone could access the carbon market to buy carbon credits. Though for an individual this would be impractical and costly. Climakind provides the interface for you and minimises costs by purchasing in large volumes. In addition the Climakind website adds the ability to manage, monitor, compare and promote your emission reduction efforts. That’s even attractive to large organisations!
Read more about the benefits of Joining Climakind