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How is double counting taking into account in your chosen compensation projects?Updated 8 months ago

We asked NGS about double counting, here is more information for you:

"Regarding double counting, our primary measure is to promote its elimination as efficiently as possible. However, the emissions compensated through us are largely generated within Finland's borders, as are the additional carbon sinks we create, which are used to compensate for the generated emissions. The emissions generated and the additional compensation projects created because of them therefore take place within the same carbon balance. In addition, operations in Finland is so small so far that the double counting itself is completely theoretical, because all domestic compensation actors operate within the margin of error of the state's calculation. Avoiding double counting is, despite everything, only one of many criteria for good compensation, and we believe that the most important thing is the whole formed by the projects.

We are founding members of Hiilensidonta ry, an interest protection organization for domestic compensation. enabling similar adaptations in Finland. Hiilensidonta ry has also started a project with Pellervo Taloustukkumis, where every domestic compensation operator hands over the information of their own projects to PTT. They report the total size of the industry (within the framework of compensated quantities and turnover) and thus make sure that the industry is smaller than the margin of error in Finland's carbon balance calculation. This is a good example of the work we have done for the reliability of domestic compensations. We believe that the double counting will be resolved before the scale grows to such a size that it is not a political issue as an obstacle to the large-scale export of compensations. In accordance with the Paris climate agreement, double counting affects more and more countries in the world, where strongly certified compensations have been implemented for decades."

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