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    Carbon Credit: Rahul Jagtap PGDM 1

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    cimr33
    Carbon credits are a key component of national and international attempts to mitigate greenhouse gas emissions. Carbon credits were created as a result of increasing awareness of the need to control greenhouse gas concentrations from organizations like the IPCC. The concept of carbon trading emerged from agreements like the 1992 Rio Agreement, the 1997 Kyoto Protocol, and subsequent norms for carbon trading that came into force in 2005. The Kyoto Protocol established mechanisms for carbon trading between countries to meet emissions reduction targets cost effectively. Carbon credit trading is now a large, growing financial market worth billions and projected to become the world's largest commodity market. Major players in the carbon credit market include banks, companies implementing internal cap and trade systems, the EU ETS, and exchanges like the

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    Carbon Credit: Rahul Jagtap PGDM 1

    Uploaded by

    cimr33
    27 views12 pages
    Carbon credits are a key component of national and international attempts to mitigate greenhouse gas emissions. Carbon credits were created as a result of increasing awareness of the need to control greenhouse gas concentrations from organizations like the IPCC. The concept of carbon trading emerged from agreements like the 1992 Rio Agreement, the 1997 Kyoto Protocol, and subsequent norms for carbon trading that came into force in 2005. The Kyoto Protocol established mechanisms for carbon trading between countries to meet emissions reduction targets cost effectively. Carbon credit trading is now a large, growing financial market worth billions and projected to become the world's largest commodity market. Major players in the carbon credit market include banks, companies implementing internal cap and trade systems, the EU ETS, and exchanges like the

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    CARBON CREDIT

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    Carbon credits are a key component of national and international attempts to mitigate greenhouse gas emissions. Carbon credits were created as a result of increasing awareness of the need to control greenhouse gas concentrations from organizations like the IPCC. The concept of carbon trading emerged from agreements like the 1992 Rio Agreement, the 1997 Kyoto Protocol, and subsequent norms for carbon trading that came into force in 2005. The Kyoto Protocol established mechanisms for carbon trading between countries to meet emissions reduction targets cost effectively. Carbon credit trading is now a large, growing financial market worth billions and projected to become the world's largest commodity market. Major players in the carbon credit market include banks, companies implementing internal cap and trade systems, the EU ETS, and exchanges like the

    Copyright:

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    Download as pptx, pdf, or txt
    27 views12 pages

    Carbon Credit: Rahul Jagtap PGDM 1

    Uploaded by

    cimr33
    Carbon credits are a key component of national and international attempts to mitigate greenhouse gas emissions. Carbon credits were created as a result of increasing awareness of the need to control greenhouse gas concentrations from organizations like the IPCC. The concept of carbon trading emerged from agreements like the 1992 Rio Agreement, the 1997 Kyoto Protocol, and subsequent norms for carbon trading that came into force in 2005. The Kyoto Protocol established mechanisms for carbon trading between countries to meet emissions reduction targets cost effectively. Carbon credit trading is now a large, growing financial market worth billions and projected to become the world's largest commodity market. Major players in the carbon credit market include banks, companies implementing internal cap and trade systems, the EU ETS, and exchanges like the

    Copyright:

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    Download as pptx, pdf, or txt
    of 12

    Carbon credit

    Rahul Jagtap PGDM 1st.


    • Green house effect:-
    • Carbon dioxide methane,
    nitrogen oxide ,
    chloroform carbon are
    known as green house
    gases.
    • these green house gases
    make a shield like layer
    between the atmosphere
    and the earth . this layer
    work like a woollen
    blanket. It absorbs the
    heat of the sun. This layer
    transparent. so the rays
    of the sun pass through it
    and reach the earth.
    Ozone layer
    Carbon credit

    Carbon credits are a key component of national and international


    attempts to mitigate the growth in concentrations of greenhouse gases
    (GHGs). One Carbon Credit is equal to one ton of Carbon.
    The concept of carbon credits came into existence as a result of
    increasing awareness of the need for controlling emissions has observed
    by The IPCC (Intergovernmental Panel on Climate Change).
    The Beginning ...
    1:-Dramatic loss of ozone in the lower
    stratosphere over Antarctica was first noticed
    in the 1970s by a research group from the
    British Antarctic Survey (BAS).
    Halley Bay station
    Antarctica
    2:-The RIO AGREEMENT in 1992.

    3:- The KYOTO PROTOCOL in 1997 in Japan.

    4:-Came into force in 2005 with carbon


    trading norms.
    Kyoto protocol
    • Joint Implementation (JI) a developed country with relatively high
    costs of domestic greenhouse reduction would set up a project in
    another developed country.
    • The Clean Development Mechanism (CDM) a developed country can
    'sponsor' a greenhouse gas reduction project in a developing country
    where the cost of greenhouse gas reduction project activities is usually
    much lower, but the atmospheric effect is globally equivalent. The
    developed country would be given credits for meeting its emission
    reduction targets, while the developing country would receive the
    capital investment and clean technology beneficial change in land use.
    • International Emissions Trading (IET) countries can trade in the
    international carbon credit market to cover their shortfall in
    allowances. Countries with surplus credits can sell them to countries
    with capped emission commitments under the Kyoto Protocol.
    Carbon Credit Trading

    • Managing emissions is one of the fastest-growing


    segments in financial services with a market now
    worth about €30 billion, but which could grow to €1
    trillion within a decade. Louis Redshaw, head of
    environmental markets at Barclays Capital predicts
    that "Carbon will be the world's biggest commodity
    market, and it could become the world's biggest
    market overall."
    Key Players
    • Bank of America is a leader in carbon-reduction
    strategies. The bank recently launched a $20 billion, 10-
    year initiative to finance emission-reduction projects,
    invest in green technology, and facilitate carbon-credit
    trading.
    • BG is among the most well-known Company The
    company assigned its 150 units an emissions quota and
    allowed them to buy and sell carbon credits among
    themselves.
    • The European Union Emission Trading Scheme (EU ETS).
    • The Chicago Climate Exchange (CCX).
    THANK YOU

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