Frequently Asked Questions (FAQ)
Solaxy Group
Find answers to the most common questions about our carbon credit solutions, and how we help businesses, governments, and communities achieve measurable climate impact.
FAQ:
Solaxy develops and manages projects across Africa, Asia, and the Americas, focusing on regions where climate action delivers the greatest impact for both the environment and disadvantaged communities.
Solaxy Group specializes in providing verified carbon credits and sustainable solutions to help businesses, governments, and individuals reduce their carbon footprint. We design and develop environmental projects aimed at mitigating the effects of climate change.
Solaxy Group assists individuals and companies by providing verified and registered carbon offsets. Additionally, we help companies develop strategies to offset their Scope 1, 2, and 3 emissions. We support setting science-based emission targets aligned with corporate sustainability goals.
Solaxy Group supports a variety of projects including agroforestry, renewable energy initiatives, methane capture, reforestation, forest management, and sustainable development. We are committed to supporting UN Sustainable Development Goals (SDGs) and prioritize community-centered projects that not only mitigate climate change but also enhance and support underserved communities.
Unlike many firms that outsource project development, Solaxy is directly on the ground. We work hand-in-hand with governments, NGOs, and communities to ensure projects are authentic, measurable, and community-centered.
Discover why Solaxy Group is a trusted partner for carbon credits. All our projects are not only verified and registered by third parties but are also community-driven, supporting the communities we serve. Our projects are:
Measurable: Each project precisely measures the amount of CO2 removed.
Verifiable: We provide complete third-party verification reports for every carbon removal credit delivered.
Permanent: Our projects ensure lasting environmental impact.
Additional: They are 100% additional—your support makes the removals possible.
Solaxy Group is known for transparency, reliability, and certifications like Verra and the Gold Standard, ensuring credible and impactful carbon credits.
Solaxy Group ensures the credibility of its carbon credits through rigorous third-party verification processes and registration with top global carbon registries. Each project is community-connected and involves regular stakeholder meetings to assess compliance with UN Sustainable Development Goals (SDGs) and project performance. Additionally, all projects undergo annual evaluations and reviews to maintain accountability and transparency.
Solaxy Group collaborates with businesses to develop tailored sustainability strategies. We assist companies in evaluating their value chain, setting science-based emission goals—both short-term and long-term—to achieve significant emission reductions by 2050. Additionally, we help companies develop internal environmental projects aimed at mitigating climate change.
Yes. Solaxy partners with institutional investors, businesses, and impact funds to finance large-scale climate projects. These investments generate both environmental returns and verified carbon credits that can be traded or retired.
Carbon Credits / Offsets
Your guide to understanding carbon offsets, verified credits, and how they drive measurable climate impact.
FAQ:
A carbon credit is a tradable certificate representing the reduction or removal of one ton of carbon dioxide or its equivalent greenhouse gases.
How are carbon credits generated?
Carbon credits and offsets are generated by emissions reduction projects that mitigate greenhouse gas (GHG) emissions in various ways:
Renewable Energy Projects: Such as wind and solar farms, replacing fossil fuel-based energy generation to reduce GHG emissions.
Energy Efficiency Projects: Improving energy use efficiency in buildings or industries, reducing energy consumption and emissions.
Land Use, Land-Use Change, and Forestry (LULUCF) Projects: Involving reforestation, afforestation, and sustainable forest management to sequester carbon dioxide.
Agricultural Projects: Promoting practices like reduced tillage and improved livestock management to lower agricultural emissions.
Carbon credits are the verified units generated by climate projects. Carbon offsets refer to the action of using those credits to balance your own emissions. In simple terms: credits are the currency, offsets are how they’re applied.
High-quality credits are designed to deliver permanent results. Solaxy ensures permanence by selecting projects with long-term monitoring, safeguards against reversal, and third-party verification.
Carbon credits can be used in compliance markets (regulated by governments) or voluntary markets (by businesses and individuals voluntarily offsetting emissions).
Carbon credits are tradable certificates representing the reduction or avoidance of greenhouse gas emissions. They are bought and sold in carbon markets, akin to financial markets, with prices determined by market supply and demand.
Carbon credits are a tool to help combat global warming by allowing companies, governments, and individuals to offset their emissions through funding emissions reduction projects elsewhere. This creates a market that incentivizes emission reductions and supports the transition to a low-carbon economy.
However, carbon credits are not a standalone solution. While they can contribute to reducing emissions and addressing global warming, they should complement efforts to directly reduce emissions at their source. This includes transitioning to low-carbon energy sources, improving energy efficiency, and minimizing waste.
It’s important to acknowledge challenges and limitations associated with carbon credits. There are concerns about the credibility of some offset projects, and instances where credits have been used for “greenwashing” without effectively reducing emissions.
While carbon credits play a role in addressing climate change, they are part of a broader strategy that must include comprehensive actions to reduce emissions, promote sustainability, and mitigate climate impacts.
When purchasing carbon credits, ensuring their legitimacy is crucial to supporting genuine emissions reductions. Here are key steps to trust the carbon credits you buy:
Verify through third-party organizations: Choose carbon credits independently verified by reputable bodies like Verra, CCBS, or the Gold Standard for transparency and credibility.
Demand transparency: Access detailed project information, including location, project type, and verified emissions reductions achieved.
Confirm verified emissions reductions: Ensure an independent third party has certified that claimed reductions are real and directly linked to the project.
Check additionality: Ensure emissions reductions wouldn’t have occurred without the carbon offset project, confirming they are additional.
Selecting quality projects: Invest in projects certified under standards like VERRA, ensuring positive impacts on communities and the environment.
By following these steps, you can confidently purchase carbon credits that contribute to genuine, permanent, and additional emissions reductions.
Yes. While the priority is always reducing direct emissions, verified carbon credits allow you to compensate for unavoidable emissions and achieve science-based net-zero targets.
Take the Next Step Toward Climate Action
Ready to reduce your carbon footprint and achieve your sustainability goals? Solaxy Group connects you with verified, high-impact carbon projects that deliver measurable results for your business, community, and the planet.