Actors / Public authority · United States
California Air Resources Board
Appears in 3 cases in this database. Roles as given in the documented record.
| Case | Role | Country | Period | Instrument |
|---|---|---|---|---|
| California forest offsets buffer pool and wildfire | Programme regulator; replaces burned credits from the buffer pool | United States | 2020–2025 | Carbon credits |
| California forest carbon projects burned (Verra buffer pool) | California regulator of the offset programme | United States | date not stated | Carbon credits |
| Wildfires have consumed almost 40% of California's forest offset buffer pool | Replaces burned credits from the buffer pool; reports the buffer balance | United States | 2020 | Carbon credits |
Appears alongside
Terms used on this page
Carbon and conservation finance
- Buffer pool
- A reserve of credits held back from sale by a carbon programme to cover future losses, such as forest burned or logged after credits were issued. It works as the programme's own insurance.
- Carbon credit
- A certificate representing one tonne of carbon dioxide (or equivalent) that a project says it reduced, avoided or removed. Buyers use credits to balance their own emissions in climate claims.
- Offset
- Using carbon credits to balance emissions released elsewhere, so that a buyer can claim lower or zero net emissions.