Wholesale of CO2 credits from our projects
Our projects produce two types of CO2 credits, Certified Emission Reductions (CERs) and Verified Emission Reductions (VERs). The credits can further be distinguished by stemming from commercial forest plantations or from nature conservation.
CERs are carbon credits, issued by the Clean Development Mechanism (CDM) Executive Board for emission reductions and verified by an accredited entity under the rules of the Kyoto Protocol. CERs can be held by governmental and private entities.
VERs are emission reductions that meet defined standards and requirements, other than the Kyoto Protocol. VERs are used for voluntarily balancing greenhouse gas emissions. VERs are calculated by Sicirec according to the same methodology as used for CERs.
Emission reductions from Sicirec projects can be purchased by governmental entities and retail companies. Private persons that wish to compensate their emissions may do so with Trees for Travel.
Available credits
Sicirec still has credits available from its project Cochabamba Tropics. This concerns credits from the commercial forest planting activities as well as credits from ecological corridors and conservation of primary and secondary forests.
Available CERs
From the commercial forest plantations we have still 280,000 tonnes of CERs available from the first commitment period for the validity period 2028-2033. Also still available are 600,000 tonnes of CERs which will be realised in January 2018 and are available for the validity period 2028-2037.
Available VERs
From our conservation activities we have still 0 tonnes VERs available. These are VERs that result from the establishment of ecological corridors and nature conservation.
For further information please contact us at service@sicirec.org.