Core Principles Commitment
Bloom ESG is committed to the highest standards of environmental integrity and transparency. Our carbon registry is fully aligned with the Core Carbon Principles (CCPs) set forth by the International Carbon & Voluntary Carbon Market (ICVCM), an independent non-profit governance body working to establish and maintain worldwide standards for integrity in the voluntary carbon market.
We adhere to the ICVCM principles to ensure that the carbon credits and offsets in our registry meet rigorous requirements for additionality, transparency, and verifiability. By aligning with the CCPs, we aim to provide a reliable, credible platform for our partners and clients in the pursuit of effective and meaningful carbon reduction.
The CCPs ensure that carbon credit certificates and the underlying projects that generate emissions reductions meet the highest standards of integrity and effectiveness. These principles include:
Additionality
Emission reductions must be additional, meaning they would not have occurred without active intervention
Real, Measurable, and Permanent
Carbon reductions must be verifiable and durable over time, ensuring that they represent real, lasting environmental benefits.
Avoidance of Double Counting
Carbon credit certificates should be uniquely allocated to a specific project and not counted more than once, ensuring transparency and credibility.
Transparency
Projects and carbon credit certificates must be publicly disclosed, enabling verification and independent monitoring of their effectiveness and impact.
Robust Governance
The carbon credit registry and the projects it supports must adhere to high standards of governance, accountability, and independent oversight.
