A BUSINESS GUIDE TO CREDIBLE CLIMATE ACTION

These common steps for a high-integrity climate journey have been distilled from over 30 leading frameworks and standards, including ISO, SBTi, VCMI, Oxford, GHG Protocol, ISSB, and more. Critically, when companies reduce emissions and use carbon credits in parallel, they decarbonize faster than their peers and contribute significantly to global progress toward the Paris Agreement goals. This sets them apart as climate leaders.

PREPARE

And gain leadership commitment

MEASURE

Calculate and verify GHG footprint

REDUCE

Via science-backed pathways

REMOVE & CONTRIBUTE

Via high-quality carbon credits

BROADER IMPACT

Consider societal benefits

REPORT

Communicate progress regularly

Companies that buy carbon credits and follow these practices decarbonize 1.8x faster than those who don’t.

Cloverly measures how registries, hundreds of methodologies, and more than 17,000 projects globally implement and report on the fundamental baselines found in the P.A.V.E.R criteria:

Permanent

Emissions reductions or removals are guaranteed for a certain period of time.

Additional

The climate impact would not have happened without this project.

Verifiable

The climate, social and economic impacts of the project are measured and easily proven.

Enforceable

The credit mechanisms establish ownership and usage rules, recorded in registries to prevent

double counting and related problems.

Real

The project has actually reduced or removed the emissions it claims and is not double-counted.

Cloverly also takes other quality frameworks and indicators such as CORSIA, ICROA, codified co-benefits, and a robust MRV system into account.

This helps ensure that carbon credits are high-integrity and pass the quality standards identified by the ICVCM and VCMI.

Step 1
Comply with the VCMI Foundational Criteria

Step 2
Select a VCMI Claim to make, and demonstrate progress toward meeting near-term emission reduction targets

Step 3
Meet the required carbon credit use and quality thresholds

Step 4

Obtain third-party assurance following the VCMI Monitoring, Reporting & Assurance (MRA) Framework