Criteria established by Article 12 of the Kyoto Protocol, to which the projects developed through the Clean Development Mechanism are subject. Under this criterion, an activity must prove to result in the reduction of greenhouse gases emissions or the increase of CO2 removals in addition to what would occur in the absence of a project activity. This criterion aims to assess whether the activity provides a real, measurable, and long-term reduction for climate change mitigation.
Carbon credits
Carbon credits
Reductions in greenhouse gas emissions tradable in the international carbon market, measured in avoided tons of carbon dioxide equivalent (tCO2e). Currently, there are two types of assets being traded on the market: (i) emission allowances allocated to an existing...