---
title: Net Zero Overshoot Amount
date: 2024-03-27T13:21:13Z
modified: 2025-08-01T11:10:15Z
permalink: "https://chancerylaneproject.org/glossary/net-zero-overshoot-amount/"
type: glossary-term
status: publish
excerpt: ""
wpid: 1327
timestamp: 2025-08-01T11:10:15Z
tags: []
---

## Definition

**Net Zero Overshoot Amount** means the amount to be paid by \[party A\] to \[party B OR environmental fund\] if its net [GHG Emissions](https://chancerylaneproject.org/wp-content/uploads/wp-mfa-exports/glossary-term/greenhouse-gas-emissions.md) in fulfilling its obligations under the contract exceed \[[Net Zero](https://chancerylaneproject.org/wp-content/uploads/wp-mfa-exports/glossary-term/net-zero.md) OR the [Carbon Budget](https://chancerylaneproject.org/wp-content/uploads/wp-mfa-exports/glossary-term/carbon-budget.md)\]. \[The method of calculation is in \[clause ●\].\]

**Net Zero Overshoot Amount** means the amount to be paid by \[party A\] to \[party B OR environmental fund\] if the [Completion Net Carbon](https://chancerylaneproject.org/wp-content/uploads/wp-mfa-exports/glossary-term/completion-net-carbon.md) exceeds \[[Net Zero](https://chancerylaneproject.org/wp-content/uploads/wp-mfa-exports/glossary-term/net-zero.md) OR the [Carbon Budget](https://chancerylaneproject.org/wp-content/uploads/wp-mfa-exports/glossary-term/carbon-budget.md)\]. \[The method of calculation is in \[clause ●\].\]