KWOTA’s mission is to support material producers for their impact on recyclable reuse of materials such as paper and board. Despite the efforts made by producers - using recyclable materials over virgin materials for production is a lengthy and costly process. Your contribution accelerates this.
We verify the total reuse of recycable materials and the total CO₂ reduced
Create carbon savings credits which is sold to individuals and businesses looking to compensate their CO₂ footprint
The compensation is then returned to the producer to reinvest into more recycable materials
KWOTA Standard is the first global standard for digital verification of CO₂ reduction from material recycling and increased circularity in the voluntary carbon market. KWOTA Standard, procedures and methodologies reflect the International Organisation for Standardisation (ISO) principles for life cycle assessment (LCA) and greenhouse gas emissions quantification.
How long will it take from signing the agreement to receiving the first payment?
When KWOTA receives the data, It will go through an integrity check and be sent to the verification process, which will take up to one month. After the data has received confirmations from the supply chain participants, it is created into credits and placed on the marketplace. When the credit has been sold, the Producer can invoice KWOTA. For example, if the data verification is done in May and credits are also sold in May, then the Producer can invoice KWOTA in June. KWOTA creates an Invoicing summary every month for the previous month's credit sales.
How is the baseline set, and for how long is it valid?
The secondary material baseline is unique to the relevant Production Facility and its supply chain, and it depends on the recyclable secondary material and on the historical and projected activity data. It is renewed regularly and at least after three years. A secondary material baseline is recalculated and renewed when a significant change in the relevant supply chain is set up, i.e. a new production line.
Is there any risk of data leakage?
KWOTA can assure that all data is confidential to any third party. The data is used only by KWOTA for analyses and calculations to create carbon credits. Protecting our partner's data is a top priority for us. Data is securely stored only in Amazon Web Services, which meets the highest security compliance policies. Communication with KWOTA’s servers is encrypted; only authorised users can access the data.
How long are the carbon credits valid?
KWOTA creates carbon credits based on a verified CO₂ reduction at the Production Facilities. Carbon credits will expire two years after the creation date and are, therefore only available for sale for two years.
Is it expensive to compensate my CO2?
No, it costs as much as one cup of coffee to compensate 1 month of driving.
How does circularity reduce CO2 emissions?
1. When materials are recycled instead of being discarded, it reduces the need to extract, process and manufacture new materials. Meaning fewer greenhouse gases are emitted in the production process, as energy and resources are conserved. 2. Circularity can reduce emissions associated with waste disposal. Waste in landfills can produce methane - a potent greenhouse gas. Recycling can dramatically reduce this. 3. Circularity can reduce emissions associated with transportation. When materials are sources, processed and manufactured locally, it reduces the need to transport them long distance (via ship, plane etc.)
Why aren't producers recycling in the first place?
To your surprise, many within Europe are doing their best to recycle. However it's at their own cost. Recycling is much more expensive and lengthy than using virgin materials. Many production plants will work at a loss if relying on recycled materials. This is why KWOTA developed a platform to validate and standardise the amount recycled. Try our self service dashboard to see your impact.
Why should I compensate?
If you own a car, you are emitting on average 2 tons of CO2 per month. The equivalence of one 7 seater SUV. Owning an electric vehicle may not be a viable option for you just yet, but you can take accountability and fund projects that can make a difference for you.