With Compensate's built-in overcompensation, more carbon dioxide is always removed than what a product, service or action causes. It ensures actual climate impact and tackles the risks involved in all carbon capture projects.
Why we overcompensate
Whenever we create CO₂ emissions, we should commit to removing at least an equal amount from the atmosphere. At the same time, the atmosphere is already full of excess carbon dioxide. To save the climate, we must minimize emissions and remove that extra CO₂ from the atmosphere.
There's currently 414 PPM of CO₂ in the atmosphere. The "safe" level would be 350 PPM, if we want to keep global warming below 1°C.
Overcompensation is absolutely necessary to save the climate, for three reasons:
1:1 compensation only achieves carbon neutrality at best, it does not remove CO2 from the atmosphere.
We have a historical responsibility to remove CO2, because the ”safe level” of 350 ppm was surpasses in 1987.
Overcompensation mitigates the climate integrity risks involved in all carbon capture projects and the uncertainties in carbon footprint calculations.
How we do it
Compensate’s price per tCO2e has a built-in overcompensation.
Each project has its own overcompensation factor.
This price enables us to buy enough carbon credits according to the factor.
Because there are many uncertainties in carbon capture projects, we ensure those uncertainties are tackled. If we evaluate that some risks are not rigorously taken into account or mitigated, we can’t be confident that 1 carbon credit equals 1 tonne of CO2 removed from the atmosphere.
That’s why we will then buy more credits than would technically be necessary to call what we’re doing compensation. We define an overcompensation factor for each project based on our project criteria.