Carbon Innovation

Carbon Project End to End

Process for carrying out a Carbon Project Development

Activity Mapping

Data Collection & Processing



Reporting & Action

International company activities 

Scope 1

Supply chain and energy activities

Scope 2

Scope 3


Spend data

How much spent on a purchased goods or service

Activity Data

Amount of a particular product or material

Conversion factors

Converting data into unit of measurement

Emission factors

Translating data into GHG emissions

Spend-based emission factors are typically built on industry averages

Activity-based emission factors are often taken from scientific studies and are more regular

Target setting

Reduction Initiatives

Regulatory requirement reporting

Communication and branding

The process of developing a carbon project typically involves the following steps:

1. Identifying the opportunity: Evaluate the potential of the project by assessing the source and type of emissions and the availability of local regulations and incentives.

2. Conceptual design: Develop a preliminary design of the project, including an estimate of emissions reductions and the costs involved.

3. Feasibility study: Conduct a detailed analysis of the technical, financial, and environmental feasibility of the project, including the potential for emissions reductions and the costs and benefits of different options.

4. Project design: Develop a detailed project design that takes into account the results of the feasibility study, local regulations and incentives, and any potential barriers to implementation.

5. Securing financing: Identify and secure funding for the project, either through grants, loans, or investment from private or public sources.

6. Implementation: Install and operate the carbon reduction project, including any necessary monitoring and reporting.

7. Monitoring and verification: Monitor the project’s emissions reductions and verify its compliance with relevant regulations and standards.

8. Carbon credits generation: Generate carbon credits through the verification process, which can then be sold on carbon markets.

9. Continual improvement: Continually evaluate the project’s performance and make adjustments as necessary to ensure its continued success.

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