A shipping credit represents a reduction in carbon emissions achieved through improvements in shipping practices or technologies.

These shipping credits incentivize ship owners to implement sustainable modifications to their vessels, like installing more efficient engines, applying low-friction paint, and making other upgrades that reduce fuel consumption and emissions: all these initiatives lead to permanent emission reductions. The shipping credits are third-party verified and registered with the Climate Action Reserve.

Mechanism
: Shipping credits
Registry
: Climate Action Reserve
ID: GS12071

Registry: Gold Standard

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