We all want to help keep our environment clean and safe. To help do our part, we encourage our clients to offset carbon emissions when flying with us through the Carbon Passport Plan.
Simply purchase credits, called Certified Emission Reductions (CERs) that equal the carbon produced. The credits are used to fund a reduction of an equal amount of carbon emissions through alternative projects. The result: your flight can effectively be carbon neutral.
CERs are government approved and only issued to ventures accepted by the Clean Development Mechanism of the Kyoto Treaty. They undergo rigorous qualification procedures and continuous monitoring. Let’s take a closer look:
What is the Kyoto Treaty and the Clean Development Mechanism? (Kyoto Protocol / CDM)
“The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change, which commits its Parties by setting internationally binding emission reduction targets.” – UNFCC
Under this protocol, countries must meet their emissions targets primarily through national measures. However, there are three market-based ways of meeting targets as well – International Emissions Trading, Joint Implementation, and Clean Development Mechanism (CDM).
CDM allows countries to implement an emission-reduction project in developing countries. These projects can earn Certified Emission Reduction (CER) credits that are each equivalent to one tonne of CO2. CDM is seen by many as a trailblazer – the first global, environmental investment and credit scheme of its kind that provides a standardised emission offset instrument (CERs).
How are projects selected, and how do we know they are really offsetting the emissions produced from my flight?
The whole project scheme has been set up by the United Nations. Each project goes through a rigorous, public registration and issuance process. To even be considered, the project must provide emissions reductions that are additional to what would otherwise have occurred. Approval is given by the designated national authorities and overseen by the CDM executive board. There are already 7,806 approved projects that have issued 1,973,714,286 CERs!