Climate projects
There are various options for reducing or offsetting greenhouse gas emissions within and outside the EU. The mechanisms of the Kyoto Protocol, projects in the voluntary market or upstream emission reductions in the fuel sector are among the options available for climate protection projects.
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You can find an overview of the latest news, dates and publications on climate protection projects here. You can use the tab function to filter by category or use the button at the bottom of the box to display a complete overview.
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In CDM, project participants are given the choice between two types of crediting period. Once the choice is made, it cannot be altered:
- The crediting period can be set at seven years with the option of extending the period twice - in other words, a maximum of 21 years.
- Alternatively, the crediting period can be set at ten years with no extension option.
The actual volume of emission reductions will be established later during the monitoring process. It is therefore possible that emissions credited lie below the anticipated volume if project activities do not yield the expected reduction in emissions.
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The number of emission reduction units is calculated from the difference between baseline and project emissions (in tonnes of carbon dioxide equivalents - CO2eq), adjusted by leakage emissions.
Please note that leakage may have a positive impact and is not necessarily a debit factor.
Calculation:
Baseline emissions
+/- leakage
- project emissions
= Certified Emission Reductions (CERs)
The certificates are issued after completion of monitoring and the surrender of the verification and certification reports.
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A CDM project can be directed towards reducing one or several of the following greenhouse gases listed in the Kyoto Protocol: Carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), and sulphur hexafluoride (SF6).
As their individual contributions to the greenhouse effect vary, they are weighted according to their global-warming potential, which is defined as the amount of heat trapped by a certain mass of the gas in question compared to the amount of heat trapped by a similar mass of carbon dioxide.
All gases are therefore measured in tonnes of carbon dioxide equivalents (tCO2eq).
Thus, 1 tonne of CH4 would equal 21 tCO2eq.
