Goodwings — Reforestation and our VERRA project

Verified reforestation for our clients' offsetting needs

From 2000 to 2021, Earth lost 11% of its tree cover, impacting climate, biodiversity, and ecosystems. According to leading scientists from the IPCC, there's a way to reverse some of that damage - by protecting the forests we have, and by replanting in areas that have been cut down.

We offer our clients a unique possibility to directly offset their emissions, through VCS (VERRA) verified climate credits, investing in reforestation directly, to our chosen carbon capture project in Uruguay.

Additionality

Projects must be considered "additional", meaning that they must be genuinely reducing emissions beyond what would have happened naturally, or without the help of the project.

Real and Measurable

Projects should follow Verra-approved methodologies to make sure the CO2 reductions or removals can be measured and qualified thoroughly.

Conservativeness

Projects shouldn't overstate their emissions reductions, and should instead use conservative assumptions and values to measure how effective a project has been.

Permanence

Projects should be long-lasting, and protected against unforeseen events such as fire or disease, to ensure that emissions reductions or carbon removals are sustained over time.

Third-party Verified

Projects must use an approved validation and verification body to make sure the project meets VCS criteria and that all GHG emission reductions or removals are quantified according to VCS requirements.

Uniquely numbered + listed

Projects must register with the Verra Registry operator to ensure each VCU is assigned a unique serial number and listed on the Verra Registry. This is to avoid double counting.

About our project

Goodwings invests in a forestry project in Uruguay, South America. Before 2006, the land was overgrazed by cattle, causing soil erosion and preventing CO2 storage. Since the project began, the area has been transformed into a large (and still expanding) forest. These planted forests absorb CO2 and store it in various carbon pools, including living biomass, soil, litter, and dead wood.

With FSC-certified sustainable forest management and Rainforest Alliance verification, the project ensures responsible forestry, protects ecosystems and wildlife, and provides stable jobs and healthcare to the local community.

Spanning 23,000 hectares, the project absorbs 56,019 tonnes of CO2 annually—the equivalent of powering 10,000 homes for a year.

Transparency from start to finish

When we buy VCS carbon credits on your company's behalf, you get a unique serial number that's registered in the Verra Registry. The Verra registry is like a giant library of climate projects - in fact, the VCS program is the worlds most widely used voluntary GHG program. In this registry, you can find all the details about the project you've invested in, how it's being monitored, and how it's positively impacting the environment.

At the end of each year, you'll receive a Climate Impact Certificate, including the unique link to your carbon credits, to show how much CO2 you've reduced and removed with Goodwings.

Verified reforestation for our clients' offsetting needs