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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Book a demo

Ready to get started?

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

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Book a demo

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Integrity Council’s Core Carbon Principles

Integrity Council’s Core Carbon Principles

Sam Hope

5 years: Carbon Markets

The Integrity Council for the Voluntary Carbon Market (ICVCM) has published its Core Carbon Principles (CCPs). Join Sam Hope as he talks us through each principle.

The Integrity Council for the Voluntary Carbon Market (ICVCM) has published its Core Carbon Principles (CCPs). Join Sam Hope as he talks us through each principle.

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Integrity Council’s Core Carbon Principles

7 mins 40 secs

Key learning objectives:

  • Understand the Core Carbon Principles (CCPs)

  • Outline how the CCPs make a high-integrity carbon credit

Overview:

The Integrity Council for the Voluntary Carbon Market (ICVCM) has published its Core Carbon Principles (CCPs). The CCPs are a global benchmark for high-integrity carbon credits that meet rigorous thresholds on disclosure and sustainable development. They provide a credible means of identifying carbon credits that create real, measurable climate impacts. The 10 CCPs are categorised under three key areas: governance, emission impact and sustainable development.

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Summary
What are the Core Carbon Principles (CCPs)? 
The CCPs are a global benchmark for high-integrity carbon credits that meet rigorous thresholds on disclosure and sustainable development. The CCPs provide a credible means of identifying carbon credits that create real, measurable climate impacts. The CCPs are implemented through an Assessment Framework. The framework first defines which carbon-crediting programs are CCP-Eligible, then identifies CCP-Approved project categories, before finally seeing CCP-Labelled credits. 

What are the 10 Core Carbon Principles? 

The 10 CCPs are categorised under three key areas: governance, emission impact and sustainable development.

Governance
– Effective governance 
The carbon-crediting program shall have effective program governance to ensure accountability in the way they operate. 
 
– Tracking 
The carbon-crediting program shall operate or make use of a registry to uniquely identify, record and track mitigation activities, as well as carbon credit issuance and retirement.
 
– Transparency 
The carbon-crediting program shall provide comprehensive, transparent and publicly available information on all credited mitigation activities.
 
– Robust independent third-party validation and verification 
The carbon-crediting program shall have requirements for robust, independent validation and verification of project activities by a third party.
 
Emissions impact
– Additionality
The greenhouse gas (GHG) emission reductions or removals from the mitigation activity shall be additional. This means that they would not have occurred in the absence of the incentive or support created by carbon credit revenues.  
 
– Permanence
The GHG emission reductions or removals from the mitigation activity shall be permanent or, where there is a risk of reversal, there shall be measures in place to address those risks and compensate reversals, such as with activity buffer zones.
 
– Robust quantification of emission reductions and removals
The GHG emission reductions or removals from the mitigation activity shall be robustly quantified, based on conservative approaches and scientific methods.  
 
– No double counting
The GHG emission reductions or removals from the mitigation activity shall only be counted once towards achieving mitigation targets or goals.
 
Sustainable development
– Sustainable development benefits and safeguards
The carbon-crediting program shall have clear guidance, tools and compliance procedures to ensure mitigation activities conform with social and environmental safeguards, and deliver positive sustainable development impacts. 
 
– Contribution toward net zero transition
The mitigation activity shall avoid locking in levels of greenhouse gas emissions, technologies or carbon-intensive practices that are incompatible with the objective of achieving net zero emissions by mid-century. 

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Sam Hope

Sam Hope

Sam Hope is the Senior Carbon Advisor at Plannet Zero, a tech company dedicated to developing smart carbon footprinting software for SMEs. His role is a Senior Carbon Advisor, and he works with businesses of all sizes, particularly in helping to scale the durable carbon removals market.

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