The Polytechnic University of Valencia in Spain, with the collaboration of the regional Chamber of Commerce and the Spanish Office of Climate Change, are organising a workshop to present the project ValVolCar (Valencian Voluntary Carbon Market) to interested companies and organisations in the region.
ValVolCar is a project funded by Climate-KIC that aims to create a local voluntary carbon market in Valencia, which will be the first in Spain. A voluntary carbon market is like a virtual site where carbon has an established price and companies that want to reduce their emissions can access it to buy carbon credit. The money collected is invested in measures to offset these emissions.
Entities responsible for diffuse greenhouse gas emissions will be able to compensate their emissions in this market by investing in climate-resistant forest management with the aim of increasing carbon stocks in forests and wood products, as well as reducing the risk of natural disturbances.
The event to present the ValVolCar project will take place at the Valencia Chamber of Commerce on 14 June and will feature various presentations and a panel discussion formed by experts from the Spanish Office of Climate Change, the Polytechnic University of Valencia and the Association of Forest Municipalities of the Valencian Community (AMUFOR).