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 »
Nowadays, more and more companies are committed to corporate climate action. For this reason, terms such as “Carbon Neutral” and “Net Zero” have been used over and over, sometimes interchangeably, especially in the last couple of years. The most important thing for companies to become Carbon Neutral or Net Zero is to understand how these …
A few things on carbon projects When it comes to types of forestry projects, it is necessary to talk about a type of carbon project. It is highly important to understand what they are, how they originate and what they generate. Carbon projects are equivalent to an initiative, most of the time privately led, which …
The world is trying to meet the 2050 deadline of achieving net-carbon neutrality set by the UN roadmap. Therefore, the carbon credit marketplace offers unrivaled potential for cooperation on a larger scale to tackle climate change. In 2021, worldwide carbon growth rose by 164% and reached an industrial value of $851 billion. The governments and …
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 …
Mexico’s Emission Trading System (ETS): how does it work? Read More »
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 …
The lovers and haters of carbon avoidance credits Read More »
