# Ex-Ante Issuance

Ex-ante and ex-post are terms commonly used in the voluntary carbon market to describe when and how credits are issued in relation to the actual emission reductions or removals.<br>

**Ex-ante credits:** The term "ex-ante" is derived from Latin, meaning "before the event." In the context of carbon credits, ex-ante credits refer to those that are issued on the basis of predicted or expected future carbon emissions reductions or removals. These credits are generated from projects that promise to reduce or remove greenhouse gas emissions over a certain period of time in the future. Purchasers of these credits are essentially financing future carbon reductions. It's important to note that there's a degree of risk involved with ex-ante credits, as the expected emission reductions or removals may not occur due to a variety of factors.


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