GNFZ Partners With Carbon Credit Provider Reflora, Offering High-Quality Credits to Clients Going Through GNFZ Certification
Here at GNFZ, we are committed to working with partners and clients who share our drive to accelerate the realization of a zero emissions world. With that goal in mind, we are excited to announce a new partnership with the Reflora Initiative, a developer of high-quality carbon projects in Brazil and also a trading firm in the Voluntary Carbon Market (VCM). Reflora’s mission is to support the transition to net zero through the generation, analysis and sale of high quality and integrity carbon credits in order to sustain a carbon-neutral economy. GNFZ and Reflora will collaborate to promote and accelerate the net zero transformation of buildings, portfolios and businesses. As part of this effort, GNFZ will offer Reflora’s credits to clients going through GNFZ certification and incorporate them directly into its platform.
A VCM is a decentralized marketplace where organizations can buy and sell carbon credits. It is a rapidly evolving space that can be difficult for buyers seeking transparency and security to navigate. Reflora’s methodology helps buyers select the most sustainable, high-quality projects available. Our relationship with Reflora will help our clients and partners offset their carbon emissions through premium carbon credits that generate lasting environmental, social, and economic impacts in their surroundings.
Carbon credits are a unit of measurement. Each credit reflects one metric ton of carbon dioxide (CO2) or other greenhouse gas emission that an organization pays to emit. Carbon credits are created by government regulations and are commonly used in the context of emissions trading in which companies are given a fixed amount of credits depending on their emissions. The carbon credits an organization is given should decline over time as the company reduces its emissions. Companies can also purchase and sell these credits.
While often conflated with carbon offsets, there are differences between the two. Carbon offsets can be voluntarily purchased by individuals, while credits are strictly for businesses and organizations. Carbon credits are meant to “cap” the amount of permitted emissions, while carbon offsets compensate organizations participating in activities that remove emissions.
Like GNFZ, Reflora is dedicated to supporting the global transition to net zero emissions. Through its RIQA methodology, the organization works on the generation and sale of high-quality and integrity carbon credits that play an increasingly vital role in sustaining a carbon-neutral economy. RIQA is a rigorous process that analyzes projects from an ESG perspective, examining 33 indicators. By doing so, Reflora is able to gain a comprehensive understanding of the real impacts of each project, as well as the risks that may be associated with them. In addition, Reflora also uses RIQA as a crucial pillar in the development of its own projects to generate high-impact carbon credits. Reflora's first reforestation project (ARR) is already in the development phase in the south of the State of Minas Gerais, in the Atlantic Forest biome and plans to have its first credits for commercialization in early 2028.
Reach out today to [email protected] to learn how you can take advantage of this partnership and accelerate your organization's net zero goals.