The United Nations (UN) has launched a tender to purchase almost 12,000 Gold Standard Certified Emissions Reductions (CERs) to offset some of its emissions. The voluntary scheme allows organisations to compensate for emissions by purchasing carbon credits generated by sustainable development projects. The Gold Standard is an internationally recognised certification for projects in the areas of climate protection, clean water and sustainable development. The CER scheme began in 2005 and is part of the Kyoto Protocol to combat climate change, which aims to limit the amount of harmful greenhouse gases emitted by developed countries. Carbon Pulse subscribers have access to more detailed information.
It is important that carbon credit schemes also benefit local communities.
The World Meteorological Organisation has stated that 193 countries have given unanimous backing to a scheme to monitor global greenhouse...