The headline figure hides large national variations and several countries will not meet their national target without emissions trading, or credits purchased from
certified emission reduction projects in developing countries under the UN's Clean Development Mechanism (CDM).
Reed works for the multinational consultancy company DNV, specializing in
certifying emissions reduction projects such as REDD.
Not exact matches
This discussion paper estimates the potential supply of
certified emission reductions (CERs) from
projects registered under the Clean Development Mechanism (CDM) for the period 2013 to 2020.
More than 8,000
projects or programmes of activities are registered under the mechanism, and more than 1.8 billion
Certified emission reduction units (CERs) had been issued by the end of 2017.
In Oklahoma, for example, participation is voluntary, and the government limits its role to
certifying the companies that verify
emission reductions and nurturing agreement on how to measure the types of GHG
reduction projects likely to be pursued in the state — such as grassland management and climate - safe farming.
The CDM allows
emission -
reduction (or
emission removal)
projects in developing countries to earn
certified emission reduction (CER) credits, each equivalent to one tonne of CO2.
Version 3.0 will not only provide a framework for the certification of carbon
emissions reductions — it will also
certify specific
project benefits that result from the
project activity.
Through the Clean Development Mechanism (CDM), a provision in the Kyoto Protocol that encourages developed nations to share clean technologies with the developing world, countries can earn
certified emissions reduction credits (CERs) by investing in clean energy
projects.
This mechanism allows
reductions of greenhouse gas
emissions to be
certified and transferred to third parties if the underlying
project activities meet certain criteria.
The CDM is one of the three Flexible Mechanisms defined in the KyotoProtocol and allows
emission -
reduction projects in developing countries to earn
certified emission reduction (CER) credits, each equivalent to one tonne of CO2.
At last week's Africa Carbon Forum (ACF), delegates called for stronger emphasis on results - based climate finance for both mitigation and adaptation to climate change, and they reiterated their support for market - based mechanisms like the Clean Development Mechanism (CDM), which allows
emissions - reducing
projects to earn
certified emissions reduction (CERs) that can be traded to meet overall national
reduction goals.
Under Article 12, Annex B nations may implement
emission reduction projects in developing nations to generate
certified emission reduction (CER) credits for each ton of carbon reduced or avoided.
Ben & Jerry's early seed funding was essential in getting this NativeEnergy Help Build
project launched, and the resulting
certified carbon offsets help Ben & Jerry's reach their
emissions reduction goals by taking
emissions out of their supply chain.
Certified Emission
Reduction Unit (CER)- Equal to one metric ton (~ 2,205 pounds) of CO2 - equivalent
emissions reduced or sequestered through a Clean Development Mechanism
project, calculated using Global Warming Potentials..
The report includes an overview of South Africa as an investment destination for CDM investors and purchasers of
certified emissions reductions (CERs) resulting from CDM
projects in the country.
Under the CDM, when a
project (such as a wind farm) in a developing nation results in an overall fall in
emissions it will receive «carbon credits», called
Certified Emission
Reductions (CERs) based on the amount of
emissions that have been reduced.
Land use is also becoming more prominent in discussions under the Clean Development Mechanism, a carbon offset tool that supports
emissions -
reduction projects in developing countries so that developed countries earn
certified emission reduction credits — while continuing to pollute.
The share of proceeds amounts to 2 per cent of
certified emission reductions (CERs) issued for a CDM
project activity.
The compensation of
emissions is accomplished by supporting a high quality climate protection
project, from which carbon
emissions reductions are
certified on an annual basis by independent auditors.