What Does Sequestration Cost?

The average cost of carbon sequestration within the project is currently estimated at around $13 US per tonne of carbon ($3.55 /tCO2) and Voluntary Emission Reductions are currently available from the project at this price.

The cost of VERs from Scolel Té includes the cost of providing technical support to farmers and carrying out internal monitoring as well as providing financial support to farmers to cover the cost of planting trees.

Purchasers
Purchases of VERs from the project to date have been made by the Ferderaton Internationale de l'Automobile (FIA) in order to offset carbon dioxide emissions from the Formula 1 and World Rally championships and by Future Forests on behalf of a number of companies including the World Economic Forum, D'Ieteren-Audi and Pink Floyd.

See details of carbon sales.