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Certified Emission Reductions
The Clean Development Mechanism (CDM) allows industrialised countries to receive credits for financing emissions-reduction projects in developing countries.
One Certified Emission Reduction (CER) equates to an emission reduction of one tonne of CO2 equivalent. Holders of CERs are entitled to use them to offset their own carbon emissions as one way of achieving their Kyoto or European Union emission reduction target.
CERs have emerged as a strong carbon currency accepted in most existing and emerging national and regional emissions trading schemes.
CER prices are increasingly important in the EU and global carbon markets. CERs can be substituted for European Union Allowances (EUAs) by European emitters to meet obligations under the EU ETS.
Trading Solutions in Focus
Additional risk management services to help you manage the cost of emissions compliance.