The continuous urbanization and economic development caused continuous production of CO2 and gas emissions that affect the global climate change. This is putting countries in front of a challenge of reducing their CO2 emissions along with continuous development under global regulations, in this regard was developed the Kyoto Protocol.
The scope of Kyoto protocol is to require from industrialized countries to limit or decrease their greenhouse gas emissions. By establishing such targets, emission decrease took on economic value to help countries meet their emission targets, and to encourage the developing countries to contribute to emission reduction efforts through the Clean Development mechanism.
Clean development mechanism is a disposition in obedience to Kyoto protocol which allows the industrialized countries to invest in projects to reduce emissions in developing countries as an alternative to more expensive emission reductions in their own countries.
The Clean development mechanism allows projects in developing countries to earn certified emission reduction credits, each equivalent to one ton of CO2. These certified emission reduction credits can be traded and sold, and utilized by industrialized countries to meet some of their emission reduction targets under the Kyoto Protocol.
The clean development mechanism promotes emission reductions and sustainable development, while affording flexibility to industrialized countries in how they meet their emission reduction limitation targets.
Vtormat Engineering experts help our customers to trade the purchased and sell their own CO2 reductions through a specific mechanism, assisting them into continuous development by supplying financial procedures to industrialized countries to develop their projects.