FAQ - credynova.com

frequently asked questions

General FAQs

What does Credynova do?

Credynova specializes in carbon credit solutions, including project development, validation, verification, and market access.

How does Credynova help businesses achieve net-zero goals?

We assist businesses by designing carbon credit projects, optimizing emissions reduction strategies, and ensuring compliance with global carbon standards.

Which industries can benefit from Credynova’s services?

We work with agriculture, forestry, renewable energy, manufacturing, and other sectors aiming for carbon neutrality and sustainability.

What is a carbon credit, and how does it work?

A carbon credit represents one metric ton of CO₂ reduced or removed from the atmosphere, which businesses can trade in voluntary and compliance markets.

How does Credynova ensure the credibility of carbon credits?

We follow global standards like VERRA, Gold Standard, ISO 14064, and IPCC Guidelines to validate and verify carbon projects.

Carbon Credit Project Development

What types of carbon credit projects does Credynova support?

We support renewable energy, nature-based solutions (such as afforestation and soil carbon sequestration), enhanced weathering, industrial decarbonization projects and other CDR Projects.

How do I develop a carbon credit project with Credynova?

Our team guides you through feasibility assessment, project design, validation, verification, and credit issuance in recognized registries.

How long does it take to generate carbon credits?

The timeline depends on project type, methodology, and verification requirements but typically ranges from 6 months to 3 years.

Can Credynova help register projects with global standards like VERRA or Gold Standard?

Yes, we manage the entire process, ensuring compliance with leading carbon credit registries and frameworks.

What is the difference between voluntary and compliance carbon markets?

Voluntary markets allow businesses to offset emissions independently, while compliance markets are regulated by governments and mandatory for certain industries.

Validation & Verification

What is the role of validation and verification in carbon credit projects?

Validation confirms that the project meets eligibility criteria, while verification ensures actual emission reductions before issuing credits.

Who conducts the validation and verification process?

Credynova partners with accredited third-party auditors recognized by registries like VERRA, Gold Standard, and the Climate Action Reserve.

Does Credynova offer Life Cycle Assessment (LCA) and Techno-Economic Analysis (TEA)?

Yes, we conduct LCA and TEA to evaluate a project’s sustainability impact and financial feasibility.

Carbon Credit Trading & Market Access

Can Credynova help businesses sell their carbon credits?

Yes, we facilitate carbon credit sales by connecting project developers with buyers in voluntary and compliance markets.

How does Credynova help carbon credit buyers?

We source high-quality, verified carbon credits that align with buyers’ sustainability and ESG goals.

Does Credynova assist with carbon footprint reporting and disclosures?

Yes, we help companies comply with reporting frameworks like TCFD, SBTi, CSRD, and CDP.

Regulatory Compliance & Standards

Which standards and frameworks does Credynova follow?

We align projects with ISO 14064, IPCC Guidelines, the GHG Protocol, and leading carbon registries such as VERRA and Gold Standard.

How does Credynova support companies in meeting their ESG commitments?

We offer sustainability consulting, carbon accounting, and reporting solutions to align businesses with global ESG requirements.

Can Credynova assist with government and policy compliance for carbon credits?

Yes, we ensure project alignment with national and international policies, including NDCs under the Paris Agreement.

How can I get started with Credynova?

Full Commitment to UN Sustainable Development Goals (SDGs)

How does Credynova contribute to all 17 SDGs?

SDG 1: No Poverty – Climate finance for underserved communities.

SDG 2: Zero Hunger – Sustainable agriculture & soil carbon projects.

SDG 3: Good Health & Well-being – Air & water pollution reduction.

SDG 4: Quality Education – Climate education & workforce training.

SDG 5: Gender Equality – Women-led climate projects.

SDG 6: Clean Water & Sanitation – Water quality credits & conservation.

SDG 7: Affordable & Clean Energy – Renewable energy project development.

SDG 8: Decent Work & Economic Growth – Green job creation.

SDG 9: Industry, Innovation & Infrastructure – AI-driven climate tech.

SDG 10: Reduced Inequalities – Equal access to carbon finance.

SDG 11: Sustainable Cities & Communities – Urban sustainability projects.

SDG 12: Responsible Consumption & Production – Circular economy & plastic credits.

SDG 13: Climate Action – Large-scale decarbonization projects.

SDG 14: Life Below Water – Blue carbon & ocean sequestration.

SDG 15: Life on Land – Biodiversity restoration & afforestation.

SDG 16: Peace, Justice & Strong Institutions – Climate policy advocacy.

SDG 17: Partnerships for the Goals – Collaborations with businesses, investors & governments.

ESG Reporting, Compliance & SDG Impact

Which global sustainability frameworks does Credynova align with?

Our compliance includes:

a. CSRD (EU Corporate Sustainability Reporting Directive)

b. ISSB IFRS S1 & S2 (International Sustainability Standards Board)

c. SEC Climate Disclosures (US Market Regulation)

d. TCFD (Task Force on Climate-Related Financial Disclosures)

How does Credynova help businesses meet ESG commitments?

We offer:

a. Carbon footprint assessments & impact reporting.

b. Alignment with Science-Based Targets (SBTi) & CDP disclosures.

c. Climate impact monitoring & stakeholder reporting.

Insurance, Trust & Reliability

How does Credynova ensure credit permanence?

We implement:

a. Buffer pools & reversal safeguards

b. Insurance-backed climate risk solutions

c. Third-party auditing & blockchain traceability

Is insurance available for carbon & nutrient credits?

Yes, we provide insurance-backed credit protection for financial security.

How does Credynova prevent greenwashing?

We ensure:

a. Strict third-party validation & independent audits

b. Blockchain-based credit traceability

c. Real-time disclosure of impact data & ESG compliance reports

Trading & Monetization of Credits

Where can carbon & nutrient credits be traded?

Credynova facilitates access to:

a. Compliance Markets: EU ETS, UK ETS, China CCER, California Cap-and-Trade

b. Voluntary Markets: VERRA, Gold Standard, American Carbon Registry (ACR)

c. Nutrient Markets: Water Quality Trading (EPA), Nitrogen & Phosphorus Credit Exchanges

Can credits be resold or retired?

Yes, credits can be traded, retired, or resold to meet corporate ESG commitments.

Due Diligence & Project Selection

How does Credynova ensure due diligence in project selection?

We conduct a comprehensive feasibility analysis covering:

a. Environmental Impact (Life Cycle Assessment – LCA)

b. Economic Viability (Techno-Economic Analysis – TEA)

c. Regulatory Compliance (VERRA, Gold Standard, EU ETS, CSRD, SEC Climate Disclosures, ISSB).

How do you assess project risk before investment?

We use scientific modeling, geospatial analysis, and third-party risk assessments to identify feasibility, permanence risks, and financial sustainability.

Assurance & Transparency in Carbon & Nutrient Credits

How does Credynova ensure impact assurance?

We guarantee impact assurance through independent audits, blockchain tracking, and MRV (Measurement, Reporting, and Verification) protocols.

How does Credynova prevent fraudulent carbon credits?

We use blockchain-based digital ledgers to track all issued credits, preventing double-counting, fraudulent trading, and greenwashing risks.

Does Credynova provide third-party impact verification?

Yes, all projects undergo independent validation by accredited auditors, ensuring credibility before credit issuance.

Measurement, Reporting & Verification (MRV)

How does MRV enhance transparency?

MRV ensures that every carbon reduction or nutrient offset is accurately measured, reported, and verified under global best practices (ISO 14064, IPCC, ISSB IFRS S2).

What advanced technologies does Credynova use for MRV?

We integrate:

a. AI-powered satellite & drone monitoring

b. IoT sensors for real-time tracking

c. Blockchain-based credit serialization & audit trails

How does third-party verification work?

Independent auditors (VERRA, Gold Standard, CDM-certified entities) verify MRV data before issuing credits.

Life Cycle Assessment (LCA) & Techno-Economic Analysis (TEA)

Why is LCA important for carbon & nutrient credits?

LCA quantifies a project’s full environmental impact, ensuring long-term sustainability, reduced emissions, and enhanced biodiversity gains.

How does TEA ensure financial feasibility?

TEA evaluates project costs, return on investment, and market scalability to attract funding and investors

Does Credynova conduct LCA & TEA assessments for new projects?

Yes, we conduct scientific impact assessments for carbon sequestration, nutrient pollution mitigation, and climate resilience projects.

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