In accordance with Kyoto Protocol adopted at the third conference of UNFCCC in Kyoto, Japan, on December 11, 1997, Kyoto Protocol to the United Nations Framework Convention on Climate Change. | UNFCCC, ISON “The Cooperation Partner” together with South Pole Carbon Asset Management Ltd- Zurich, Switzerland, the world first-class developer, financer, purchaser, and seller of Certified Emission Reduction ‘CERs’ and Verified Emission Reduction ‘VERs’ credits in projects designed to reduce greenhouse gases are developing MENA region markets to deliver best guide to our public and private clients towards innovative solutions to both mitigate risk and achieve their sustainability goals.
The flexible mechanism of “Clean Development Mechanism (CDM)” which established by Article 12 of the Kyoto Protocol and the requirements of the International Rules providing for Annex I Countries to implement projects that reduce emissions in non-Annex I Countries in return for “Certified Emission Reduction” CERs which equal to one metric ton of Carbon Dioxide Equivalent resulting from a CDM project in excess of the applicable Baseline and assist the Host Countries in achieving sustainable development and contributing to the ultimate objective as well as the unit issued pursuant the other non-CDM carbon standard or the Voluntary Carbon Standard in excess of the applicable Baseline and equal to one metric ton of Carbon Dioxide Equivalent, Verified Emission Reduction (VER), both are used to develop carbon credits markets reaching to “Emission Reduction Purchase Agreement (ERPA)“ to purchase the CERs or VERs.
From Ambition to Action – Your Climate Journey Starts Here with South Pole
