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Mexican ETS

Mexico’s Emission Trading System (ETS): how does it work?

What is an Emission Trading System (ETS)? An Emission Trading System is an instrument based on the “cap and trade” principle, whose premise is to set a limit on GHG emissions that can be emitted by one or a group of economic sectors. Under this mechanism, each year is fixed a maximum amount of GHG …

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carbon avoidance credits

The lovers and haters of carbon avoidance credits

Frequently, debates on the best approach to tackle climate change and reduce the amount of GHG emissions in the atmosphere are overwhelming. According to the Intergovernmental Panel on Climate Change (IPCC) summary for policymakers report in April 2022, carbon removal projects are essential in balancing the unavoidable emissions to achieve a net zero emission. Does …

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european green deal

The European Green Deal

Approved in 2020, The European Green Deal is the EU’s response to the Paris Agreement. It is the answer to the ongoing climate crisis. The European Commission unveiled the European Green Deal, a road to become a climate-neutral continent by 2050. European Climate Law also includes the goals of climate neutrality for 2050 and the …

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carbon credits

What do you need to know before buying carbon credits?

What are carbon credits? Carbon credits are one of the three proposals that were included in the Kyoto Protocol. Their main goal is the reduction of emissions causing global warming. They were presented by Graciela Chichilnisky, an Argentine mathematical economist, in 1993. Carbon credits is a generic term for any tradable certificate that represents a …

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Carbon tokenization

Press release | Carbon tokenization starts on Polkadot

In the DAO IPCI parachain, 1000 tons of CO2 were marketed and tokenized, creating a carbon offset gateway for the Polkadot ecosystem. The first 1000 tons of carbon offsets certified by Cercarbono standard were provided by ALLCOT to Robonomics via Evercity platform. This, using DAO IPCI Kusama Chain Candidate 1 (CC1). The transaction was enabled …

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