JUST ENERGY TRANSITION PARTNERSHIPS
LEAVIT is
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REAL, ADDITIONAL AND MEASURABLE
These principles serve as the bedrock, assuring that the environmental impact of LEAVIT credits is genuine, quantifiable, and extends beyond business-as-usual scenarios.
LEAVIT intervention occurs post-commercial discovery in the oil field. At this juncture, comprehensive characterizations of the oil field enhance the precision of measurements, and the impending risk of drilling underscores the immediate need for carbon offsetting.
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SOUTH AFRICA JETP ANALYSIS
Ensuring permanence involves robust legal frameworks and international agreements binding governments to long-term commitments. Specific conditions are outlined addressing risks of reversibility tied to potential contract breaches and drilling decisions for financial gain.
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Mitigating reversibility risks can be significantly improved by implementing measures such as ex-post crediting, the transfer of mineral rights and trust funds where revenue generated from carbon credit sales is reinvested locally.
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