X-Nico

unusual facts about carbon credit


Carbon credit

The principle of Supplementarity within the Kyoto Protocol means that internal abatement of emissions should take precedence before a country buys in carbon credits.


Graciela Chichilnisky

She is best known for proposing and designing the carbon credit emissions trading market underlying the Kyoto Protocol, and was the lead author on the 2007 Intergovernmental Panel on Climate Change that won the 2007 Nobel Prize, and reputedly even created the term "sustainable development".


see also

Astarta Holding

In 2008 ASTARTA, was one of the first agricultural companies to sign an agreement with the Multilateral Carbon Credit Fund established by EBRD and European Investment Bank, with the aim to implement carbon credits under the Kyoto Protocol, which covers the reduction of carbon emissions from factories in the period from 2008 to 2012.