To discuss CERCARBONO, we need to go back to the year 2016 when in Colombia, Law 1819 of 2016 emerged, which introduced the Carbon Tax, in response to the goals the country had to achieve in greenhouse gas (GHG) mitigation. From that precise moment, all proposals were aimed at helping the country achieve its objectives. …
Colombian Context, Tax and Climate Proposal Let us review Colombia’s strategic vision for achieving the goal of implementing climate commitments to reduce emissions under the Paris Agreement. By 2050 Colombia needs to reduce its GHG emissions by about 90% compared to 2015 emissions. It must also balance the remaining 10% with proportional national removals (10%). …
Introduction to carbon markets Climate change has become one of the most critical challenges facing our society today. To address this problem, different approaches have arisen, amongst them, carbon markets. Greenhouse gas (GHG) transactions have been recorded since the 1990s, but it was not until 2005, with the entry into force of the Kyoto Protocol …
Carbon Markets: how they work and their differences Read More »
A little context When it comes to Climate, Community and Biodiversity (CCB), It is important understand that this standard belongs to one of many standards that are found in the Voluntary carbon Standard. Inside of the Voluntary carbon standard there are two types of certificates. On the one hand, those that quantify the reduction of …
How does Climate, Community and Biodiversity standard work? Read More »
Introduction One of the most fundamental principles of carbon programs is Additionality. All carbon standards develop methodologies for projects that demonstrate additionality. But what does it really mean? A carbon project is additional only if the emissions reductions or removals would not have occurred without revenue from the sale of carbon credits. The efforts resulting …
Additionality and Transparency in Carbon Markets Read More »
Introduction The generation of carbon credits requires certain general and mandatory steps to be followed. The process begins with a project idea, which will be implemented according to the selected methodology. This will be determined by the standard where the project will be registered. Once this is set, the operation of the project starts. During …
