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Carbon Offsets & Credits

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Blue Carbon Credits

Blue carbon credits are created by the growth and conservation of carbon-absorbing plants, such as mangrove forests and their associated marine habitat. Mangroves store 10 times more carbon than terrestrial forests.

 

Blue Carbon is so-called because it is stored in marine or coastal living organisms and the sediments beneath them, and refers to the carbon stored in coastal ecosystems like mangroves, seagrasses, reefs,  and salt- marshes.

 

These ecosystems cover just 1% of the ocean floor but can store up to 10 times more carbon per unit area than terrestrial forests.

 

Blue Carbon ecosystems are vital for the health of our planet. They not only store carbon but also provide essential services such as water purification, coastal protection, and habitat for marine life.

Green Carbon Credits

Green carbon credits are terrestrial nature based, measurable, verifiable sequestration and emission reductions from certified climate action projects. These projects reduce, remove or avoid greenhouse gas (GHG) emissions. But they also bring a whole host of other positive benefits, for example, they empower communities, protect ecosystems, restore forests, prevent deforestation, or increase the productivity of forests.

Tropical coastal and rain forests are the most productive and CO2 absorbing land-based sources of green carbon credits.

 

Projects must adhere to a rigorous set of criteria to pass verification by third-party agencies and a review by a panel of experts at a leading voluntary carbon market standard.

 

After an organization or an individual buys a carbon credit, the credit is permanently retired so it can't be reused.

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Renewable Energy Credits

Renewable Energy Certificates (RECs) are a market-based instrument that certifies the bearer owns one megawatt-hour (MWh) of electricity generated from a renewable energy resource. Once the power provider has fed the energy into the grid, the REC received can then be sold on the open market as an energy commodity. RECs earned may be sold, for example, to other entities that are polluting as a carbon credit to offset their emissions.

 

Silent Escapes not only generates all its land-based energy needs, but also powers our Silent Marina and charges our fleet of ocean-going yachts and day boats with renewable solar power.

 

In addition, the deployment of our unique floating solar rings (a first for Fiji) not only produces solar generated power, but also captures millions of gallons of rainwater per year.

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