Carbon Bank

Our Commitment

At The Carbon Bank, integrity is at the core of everything we do. Our carbon dioxide removal (CDR) projects aren’t just about removing carbon—they’re about making sure we operate with honesty, accountability, and transparency. We believe that trust is earned through clear governance, rigorous verification, and meaningful engagement.

That’s why we seek to align with the Integrity Council for the Voluntary Carbon Market (ICVCM) and aim to uphold all 10 Core Carbon Principles to ensure that our projects meet the highest environmental and social standards.

Our Guiding Principles

The following principles underpin our approach:

  1. Effective Governance: Ensures accountability, transparency, and oversight throughout project implementation.

  2. Tracking: Carbon credits must be uniquely identified, transparently recorded, and accurately tracked in credible, third-party registries to ensure integrity, prevent fraud, errors, double counting, and misrepresentation across markets.

  3. Transparency: Provides clear, publicly available information about methodologies, project impacts, and credit issuance.

  4. Robust Independent Validation and Verification: Ensures that all projects undergo rigorous third-party validation and verification to confirm climate impact.

  5. Additionality: Demonstrates that carbon removals would not have occurred without the project’s intervention.

  6. Permanence: Ensures that carbon removals are durable and protected against reversal risks (such as natural disturbances, human activity, or market failures) through robust monitoring, governance mechanisms, and safeguards to maintain storage over the long term.

  7. Robust Quantification: Uses credible, scientifically backed methodologies to measure and monitor carbon removals.

  8. No Double Counting: Ensures that carbon credits are uniquely issued and not counted or retired more than once.

  9. Sustainable Development Benefits and Safeguards: Projects should contribute positively to local communities and ecosystems while avoiding harm.

  10. Contribution to Net Zero: Supporting the transition to global net-zero emissions through credible and lasting carbon removal solutions.

By upholding these principles, we strive to restore trust in the voluntary carbon market and, in line with the Oxford Principles for Net Zero Aligned Carbon Offsetting, demonstrate that high-quality, credible carbon removals can play a key role in tackling climate change.