Carbon Compensation Project RCN Chemie
Carbon Compensation Project RCN Chemie, Goch
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Impacts
Project Information
To date, there has been no technological solution to eliminate climate-damaging gases and thus finally remove them from the atmosphere. CC Carbon Compensation GmbH has developed an innovative technology to eliminate climate-damaging gases. The elimination occurs through technological processes that result in the gases being finally converted into climate-neutral mineral compounds. The climate protection project Carbon Compensation Project RCN Chemie was created on the basis of this technology.
Media
Sustainable Developement Goals
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Industry, Innovation and Infrastructure
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Climate Action
Take urgent action to combat climate change and its impacts
Life on Land
Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
Additionality
Level 1 additionality
Baseline additionality. Compared to the baseline scenario the project needs to mitigate climate change. That is the project must implement actions that are additional to what would occur compared to the baseline.
Level 2a additionality
Statutory additionality. The project must implement actions that are beyond requirements stipulated in local legislation or regulations. Projects are statutory additional if their implementation and/or operation is not required by any law, statute, or other regulatory framework, agreements, settlements, or other legally binding mandates requiring implementation and operation or requiring implementation of similar measures that would result in the same mitigations in the host country.
Level 3 additionality
Technology, institutional, common practice additionality. The project must implement actions that are subject to barriers of implementation or accelerate deployment of technology or activities and carbon market incentives are essential in overcoming these barriers.
Level 4b additionality
Financial additionality II. The project is financially additional if it faces significant financial limitations that revenues from the sale of carbon credits mitigates or are revenues due to the sale of carbon credits are the only source of revenues. When carbon credit revenues are a precondition for the implementation of the project and/or carbon credit revenues are essential in maintaining the project operations and ongoing financial viability post-implementation, then they are considered to be financial additional II.
Participants
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