Certified Emission Reductions (CERs) (click here)
Carbon credits generated through the CDM which can be used to meet an Annex B Party’s emission commitment under the Kyoto Protocol, as a unit of trade in GHG emissions trading systems or- if credits are subsequently cancelled – as a method of auditing to deliver foreign aid/investment
This is a very important definition.
Carbon credits generated through the CDM which can be used to meet an Annex B Party’s emission commitment under the Kyoto Protocol, as a unit of trade in GHG emissions trading systems or- if credits are subsequently cancelled – as a method of auditing to deliver foreign aid/investment
This is a very important definition.
