İSTAÇ, a subsidiary of IMM, started selling carbon credits for the first time. British Numerco company sold 10 thousand tons of carbon credit.
Carbon credit under the supervision of Gold Standard, the leading institution of the international carbon market kazanAn İSTAÇ's market research yielded results. Contacting the British energy company Numerco, İSTAÇ reached an agreement and sold 10 thousand tons of carbon credit as a pre-sale. Breaking new ground in the history of Istanbul Metropolitan Municipality (IMM), ISTAC continues its attempts to sell its 6,5 million tons of carbon credit in the international market.
İSTAÇ provides carbon credits by producing energy from domestic waste in Odayeri and Kömürcüoda landfills. kazanhe's eating. The company also applied for a carbon credit for the waste incineration and biomethanization facilities to be established in Eyüpsultan and was accepted.
CARBON CREDIT MARKET
The Kyoto Protocol, which entered into force in 2005 within the scope of the United Nations (UN) Framework Convention on Climate Change, aims to reduce greenhouse gas emissions that cause climate change. The agreement gives the signatory countries carbon emission quota. One of the Kyoto Protocol mechanisms to reduce carbon emissions is the "Emissions Trade" mechanism. If any country or producer exceeds its quota, it can purchase carbon quota from the less carbon emitting country or producer.
THE MARKET HAS FOLDED 12 IN 25 YEARS
Twelve years ago, in 2008, the Carbon Market, whose transaction volume was $ 126 billion, is expected to reach about 3,1 trillion this year.