YUNOVA · Climate Change & Renewable Energy · Module 12: Energy transition in practice

Carbon markets and carbon credits

Notes for offline study · 3 November 2026

Carbon markets and carbon credits

Key points

  • One carbon credit usually represents one tonne of CO2 avoided or removed.
  • Compliance markets are set by law; voluntary markets serve company pledges.
  • Credit quality depends on additionality, permanence and verification.