Carbon credit

The Kyoto Protocol on climate change is an international agreement that aims to reduce emissions of six gases that cause global warming. This instrument is within the framework of the United Nations Framework Convention on Climate Change (UNFCCC), signed in 1992 within what became known as the Earth Summit in Rio de Janeiro.

Carbon credits are an international decontamination mechanism to reduce polluting emissions to the environment; It is one of the three mechanisms proposed in the Kyoto Protocol for the reduction of emissions that cause global warming or the greenhouse effect (GHG or greenhouse gases).

The system offers economic incentives for private companies to contribute to the improvement of environmental quality and regulate the emission generated by their production processes, considering the right to emit CO2 as an exchangeable good and with a price established in the market. The transaction of carbon credits —a carbon credit represents the right to emit one ton of carbon dioxide— allows mitigating the generation of greenhouse gases, benefiting companies that do not emit or reduce emissions and making those that emit pay more than allowed.

At ORU Fogar we advise and inform members about the tools they have at their disposal to benefit from and access this system.