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CTC Officially Obtains CCB Qualification
  • Date:2022-04-26 14:47
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Recently, CTC successfully obtained the Climate, Community and Biodiversity Standards (CCB) qualification, becoming one of the few third-party institutions in China with CCB standard qualification.

The CCB standard aims to evaluate and certify the performance of carbon emission reduction projects in mitigating and adapting to climate change, as well as their impact on promoting shared benefits for local communities and biodiversity. Meeting this standard is equivalent to obtaining a dual internationally recognized “license” for carbon trading, meaning that the project will have higher market value in carbon trading. As an internationally advanced standard, CCB can be effectively combined with VCS and is applicable to all types of land management projects, including afforestation, reforestation, revegetation, forest restoration, agroforestry, sustainable agriculture, and other land management, enabling agriculture, forestry and other land use (AFOLU) projects that meet the standard to have priority market access. Projects developed under the CCB standard must strictly follow its rules and requirements, conduct quantitative accounting according to applicable methodologies, and undergo independent review by qualified third-party institutions; only after passing the review can projects enter the registration system.

CCB Standard Assessment Content

At present, the CCB standard is playing a role in stimulating projects and driving market development, guiding carbon market investment to the fields most in need of funding, such as sustainable development, livelihood improvement, and biodiversity conservation. It is also of positive significance for the marketization of ecological value, improving the carbon sink market trading, and supporting the realization of carbon neutrality. As a leading third-party inspection and testing institution in China, CTC will rely on its advanced experience in the “dual carbon” field to help enterprises better improve carbon emission reduction projects under the CCB standard, promote the strengthening of carbon sink construction in various regions, and support the early realization of the “dual carbon” goals.

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