WIF shares 50% of carbon captured with investors and 50% for sustainable development and livelihood projects for the vulnerable local communities where the majority of families fall below the poverty line.
The average cost of VERRA issued carbon for investors is around USD 3.50 per ton CO2. All projects are verified through the VERRA Foundation, the leading global standard for voluntary nature-based carbon credits. All projects undertake a rigid annual independent audit and monitoring to become a certified VERRA project, listed in the VERRA Registry before issuance of credits can take place. All carbon credits are issued by the VERRA Foundation and will be listed and validated in their Registry, before they can be distributed to the investor.
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