Introduction It can be assumed that information about the price of carbon units will be of interest to various categories of readers. Therefore, additional materials are proposed for review: Internal factors influencing the price formation of a carbon unit include: External (market) factors affecting the price of carbon units include: Demand Volume of regulated emissions….
Ways of selling This article examines the mechanism of selling carbon units obtained as a result of implementing climate projects in the territory of the Russian Federation in accordance with national climate regulation. It is assumed that the reader is an executor of a climate project and/or an owner of carbon units. Accordingly, they already…
What is a carbon unit? A carbon unit is a unit of carbon dioxide equivalent emissions reduction or removal. In this article, it talks about purchasing carbon units issued by climate projects under Russian climate regulation according to Federal Law No. 296-FZ dated July 2, 2021, “On Limiting Greenhouse Gas Emissions.” The carbon unit registry…
Climate Projects under the Federal Law “On Limiting Greenhouse Gas Emissions” Climate project registration 18-2024-00000018, executor – LTD “Vectra”. Validator: Union for the Protection of Environmental Rights of the Population of the Moscow Region Implementation period: 01.01.2018-31.12.2022 Information on the period during which the implementation of the climate project results in the reduction (prevention) of…
Climate Projects under the Federal Law “On Limiting Greenhouse Gas Emissions” On February 20, 2024, The State Duma of the Russian Federation adopted in the third reading Federal Law “On Amending Article 149 and 343 Part Two of the Tax Code of the Russian Federation” which exempts from VAT taxation the services of the Carbon…
Established in 2003 by the World Wide Fund for Nature (WWF) and other international NGOs, the Gold Standard ensures projects. that reduced carbon emissions. featured the highest levels of environmental integrity and also contributed to sustainable development. The Gold Standard for the Global Goals (GS4GG) was launched in 2017 for the adoption of the Paris…
Climate Projects under the Federal Law “On Limiting Greenhouse Gas Emissions” Climate project registration 92-2024-00000017, executor – PJSC “Tatneft”. Validator: LLC MIP “NES Profexpert”. Implementation period: 13.09.2021-31.12.2031. Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.01.2022 –…
The Core Carbon Principles. Overview The fight against climate change demands robust tools. While the voluntary carbon market offers promising potential, ensuring the quality and impact of its credits is crucial. This is where the Core Carbon Principles (CCPs) – a global benchmark developed by the Integrity Council for the Voluntary Carbon Market (ICVCM) in collaboration with…
Climate Projects under the Federal Law “On Limiting Greenhouse Gas Emissions” Climate project registration 22-2024-00000014, executor – LLC “SIBUR-KSTOVO”. Validator: Association “Non-Profit Partnership Coordination and Information Center of CIS Member States on Convergence of Regulatory Practices”. Implementation period: 15.12.2019-14.12.2029. Information on the period during which the implementation of the climate project results in the reduction…
The Voluntary Carbon Markets Integrity Initiative (VCMI) published its Claims Code of Practice in June 2023 and its revised version in November 2023, addressing the demand side of carbon markets and complementing the work of the Integrity Council for the Voluntary Carbon Markets and the Science-Based Targets Initiative (SBTi). The core principle is that emission reductions…
