A high-quality carbon dioxide removal (CDR) is always represented by one tonne of carbon dioxide sequestered through a specific project. Net Zero Company meticulously curates CDRs, ensuring they meet stringent criteria to be usable as CDR Tokens (CDRTs)
Net Zero Company designs and markets the high-quality CDR Token which companies can use as part of a credible, rational, effective and efficient approach to balancing their emissions.
As part of the product design process, Net Zero Company undertakes several tasks so that companies can use the CDR Token with full confidence.
Credibly representing the removal and storage of one metric ton of carbon dioxide from the atmosphere.
Having low reputational risk related to carbon-specific issues and standard supply chain risks.
Providing real world co-benefits such as biodiversity and community support.
Being subject to necessary adjustments to avoid double claiming risks under the Paris Agreement rules.
These selected CDRs are blended into a diversified pool by Net Zero Company. A dashboard provides customers with up-to-date information on the carbon removals and their projects. To maintain quality, Net Zero Company continuously manages risks such as reversal events or reputational issues.
The total volume of CDR Tokens in circulation always matches the total volume of qualifying carbon removals in the NZC Pool. Whenever tokens are used, an equal volume of CDRs is retired. The volume of CDRs retired from each project is proportional to the share of that project in the overall portfolio.