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What is Climate Change and Global Warming? What is the Kyoto Protocol?
WHAT ARE CDM AND JI PROJECTS?
WHAT ARE CER's AND ERU's? |
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Certified Emissions Reduction (CERs ) are, an example of 'carbon credits', or 'carbon offsets', issued in return for a reduction of atmospheric carbon emissions through projects under the Kyoto Protocol's Clean Development Mechanism (CDM). One CER equates to an emission reduction of one tonne of CO2.
Holders of CERs are entitled to use them to offset their own carbon emissions as one way of achieving their Kyoto emissions reduction target.
Emissions reduction units (ERUs) are units of Greenhouse Gas reductions (or, portion of a country's Assigned Amount) that have been generated via Joint Implementation under Article 6 of the Kyoto Protocol - as opposed to Certified Emission Reduction units (CERs) - which have been generated and certified under the provisions of Article 12 of the Kyoto Protocol, the Clean Development Mechanism.
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