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Certified emission reduction units (CERs) by country of origin October 2012 Certified emission reduction units (CERs) monthly spot prices 2012. Certified emission reductions (CERs) originally designed a type of emissions unit (or carbon credits) issued by the Clean Development Mechanism (CDM) Executive Board for emission reductions achieved by CDM projects and verified by a DOE (Designated ...
Voluntary Emission Reductions or Verified Emission Reductions (VERs) are a type of carbon offset exchanged in the voluntary or over-the-counter market for carbon credits. [1] Verified Emission Reductions are usually certified through a voluntary certification process.
Certified emission reduction units (CERs) by country October 2012. Since 2000, the CDM has allowed crediting of project-based emission reductions in developing countries (Gupta et al., 2007). [36] By 1 January 2005, projects submitted to the CDM amounted to less than 100 MtCO 2 e of projected savings by 2012 (Carbon Trust, 2009, p. 18-19). [3]
It is a reduction, avoidance, or removal of emissions to compensate for emissions released elsewhere. [ 14 ] [ 15 ] [ 16 ] One carbon credit represents an emission reduction or removal of one metric tonne of carbon dioxide or the equivalent amount of greenhouse gases that contribute equally to global warming (CO 2 e).
Those were voluntary carbon emissions reductions from greenhouse gas reduction projects that met the quality and verification standards of the UNFCCC Kyoto Protocol's Clean Development Mechanism (CDM) carbon offset mechanism, but were not eligible. The reasons for being not eligible were due to geographic or timing constraints of the Kyoto ...
CER - Certified Emission Reduction; CFC - Chlorofluorocarbon; CFRF - Climate Financial Risk Forum (UK) CF 4 - Carbon tetrafluoride or tetrafluoromethane (greenhouse gas) CGE - Consultative Group of Experts [9] CHClF 2 - Chlorodifluoromethane (greenhouse gas) CH 4 - Methane; CINC - Interdepartmental Committee of Climate Negotiators
A monetised emissions reduction currency is backed by the financial value of emissions credits or certified under a regulatory scheme or other financial products derived from them. These credits can be converted into fiat currency through transferring ownership of the underlying assets such as selling the emission credits into cap and trade ...
The Gold Standard logo. The Gold Standard (GS), or Gold Standard for the Global Goals, is a standard and logo certification mark program, for non-governmental emission reductions projects in the Clean Development Mechanism (CDM), the Voluntary Carbon Market and other climate and development interventions.