Increasingly the world is seeking appropriate opportunities for mitigating the global emissions of greenhouse gasses, while seeking cleaner technologies to either sequestrate or simply reduce emissions at source, and developing strategies for adapting to our changing climate.
The UN, through its Framework Convention on Climate Change (UNFCCC) developed a series of mechanisms to formalise a process whereby the emitters (the developed countries) could offset their emissions by investing in clean development projects in the non-emitters (the developing countries).
The best known of these is the clean development mechanism, or CDM, which was developed in Kyoto, Japan in 1997. The countries that have ratified the Kyoto Protocol have mandatory carbon offset targets with which they must comply or face severe penalties.
The unit of the formal transaction market is known as a Certified Emission Reduction (CER) which represents 1 ton of avoided CO2 emissions.
The TPA Agricultural Biogas Project will, through approved and audited methodologies allow a substantial carbon reduction value. This value will be used to generate a large portion of the funding required to mobilise the program.
For more background information on the CDM please visit the further reading page here...