Citizens Carbon Offset Program Framework

The Citizens Carbon Offset Program Framework outlines the standards for participation in the Voluntary Carbon Market (VCM). It applies to the Carbon Offset Deposit account and other VCM engagements by Citizens. The document details the evolving nature of the VCM and the necessity for transparency and accountability regarding carbon offsets. It emphasizes the importance of carbon offsets in achieving net zero emissions and mitigating climate change impacts. The Framework includes integrity standards for carbon offset projects, ensuring they are real, additional, permanent, and third-party verified. Specific criteria for eligible projects are outlined, including the requirement for projects to be listed with a Core Carbon Principle Eligible registry. The document also describes the Carbon Offset Deposit Account, which facilitates client access to the VCM and includes features such as high integrity carbon offsets, retirement processes, and reporting capabilities through the Carbon Management Portal.