Carbon Market:

There are two types of carbon markets: regulated and voluntary. The regulated market is used by companies and governments that, by law, are held accountable for their GHG emissions. It is regulated by mandatory carbon reduction regimes, whether national, regional or international. In the voluntary market, on the other hand, credit trading occurs on an optional basis [1]

The Kyoto Protocol establishes this market, which provides for the participation of developing countries that are not obliged to reduce their GHG emissions, and industrialized countries that must meet specific targets, which can be achieved by reducing GHG emissions in their own country, implementing projects to reduce emissions in other countries, or trading. This means that countries can sell their excess carbon credits to countries that find it more expensive to meet their targets.

For this, an industrialized country can implement a project to reduce emissions in a developing country, such as an afforestation, energy efficiency or renewable energy project, and thus, generate carbon credits (CERs) that can be used to offset part of its internal GHG emissions and thus meet its emission targets.

WaterProof offers the user the possibility of including the carbon market within their benefits. This is done from the definition of a monetary value per Ton of CO2eq. WaterProof uses the information from the database published in May 2020 by the Institute for Climate Economics (Sébastien Postic | Marion Fetet) to preload USD / TonCO2eq values ​​that vary according to the country where the analysis is being carried out. The user can modify these values ​​according to the information they have.

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