The practice of compensating for carbon dioxide emissions by funding projects that reduce, avoid, or remove an equivalent amount of emissions elsewhere.

To hold or store an asset for future use or transactions. EUAs can be banked, meaning that they can be purchased in a certain year and used for compliance reasons at a later time.

Interchangeable and identical in value and quality over time and space with other assets of the same type. EUAs are a fungible asset.