Glossary

What are Voluntary Emission Reductions (VER)?

vɒləntɛri ɪˈmɪʃən rɪˈdʌkʃənz (viːiːˈɑː)
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Summary

Voluntary Emission Reductions (VER) are emission reductions made voluntarily and not mandated by any regulation or legislation. They usually originate from the will of an organisation to take proactive climate action.

The voluntary market functions outside of the compliance market. Businesses, organisations, and individuals that wish to offset with no regulatory obligation can use Voluntary Emission Reductions. The carbon credits generated under the VER cannot be used in meeting governmental compliance measures as stated by the Kyoto Protocol.

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