{"id":20004,"date":"2023-12-03T21:00:00","date_gmt":"2023-12-03T20:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=20004"},"modified":"2023-12-03T21:07:48","modified_gmt":"2023-12-03T20:07:48","slug":"carbon-markets-reduce-pollution","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/carbon-markets-reduce-pollution\/","title":{"rendered":"Carbon markets to reduce pollution"},"content":{"rendered":"<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>According to Greenpeace, climate change is the evil of our time and its consequences could be devastating if we do not drastically reduce our dependence on fossil fuels and greenhouse gas emissions. That is why carbon markets are born.<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The effects of climate change are already all too perceptible. The global average temperature has risen by 1.1 degrees Celsius since pre-industrial times. According to the <\/span><a href=\"https:\/\/public.wmo.int\/en\"><span style=\"font-weight: 400;\">World Meteorological Organization<\/span><\/a><span style=\"font-weight: 400;\"> (WMO), the period between 2015 and 2019 was the warmest five-year period on record. And sea levels have risen by five millimetres per year between 2014 and 2019. To address this, so-called <\/span><b>carbon markets have been created to limit and control greenhouse gas emissions into the atmosphere<\/b><span style=\"font-weight: 400;\"> in the form of carbon dioxide.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The aim of carbon markets is to enable us to reduce emissions at the lowest cost. Those who can take environmental action, at not very high cost, develop them. But they do so in exchange for those who find it more difficult to buy so-called carbon credits, and help finance these sustainable projects. <\/span><b>Through this exchange, a more efficient emissions system is achieved<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Carbon markets are thus based on the sale or purchase of so-called carbon credits or greenhouse gas emission reduction certificates. These are documents that entitle the owner <\/span><b>to emit a certain amount of carbon dioxide and greenhouse gases<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In other words, if you have a certain number of credits, you are entitled to emit a certain amount of greenhouse gases annually. In general,<\/span><b> each of these credits is equivalent to one tonne of carbon dioxide<\/b><span style=\"font-weight: 400;\">, although, depending on the type of greenhouse gas, a different amount may be stipulated.<\/span><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component gallery\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-lg-10 offset-lg-1\">\n        <div id=\"slider\" class=\"carousel slide\">\n          <div class=\"carousel-inner\">\n            <div class=\"carousel-item active video-player inline-player\" data-video-id=\"6249161516001\">\n              <img decoding=\"async\" class=\"d-block w-100\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/10\/THUMBNAIL_CORAL_SANTACRUZ_TOPIC_1_NOU.png\" alt=\"\">\n              <button type=\"button\" class=\"play\"><\/button>\n              <div class=\"carousel-caption\">\n                <p>11Onze Agent Coral Santacruz tells us what is Carbon Footprint.<\/p>\n              <\/div>\n            <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>Mandatory for rich countries<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The carbon market operates in a similar way to other markets where there is a buyer and a seller. On the one hand, the buyer is required to guarantee that it will pay for a certain amount of carbon credits. On the other hand, <\/span><b>the seller must guarantee that it will undertake sufficient environmental actions<\/b><span style=\"font-weight: 400;\">, such as reforestation or sustainable forest management, to underwrite the amount of carbon credits purchased by the buyer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are broadly two main types of carbon markets. <\/span><b>One is the compliance market, of which the members are rich countries<\/b><span style=\"font-weight: 400;\">. These countries have a limit on the amount of carbon dioxide emissions they can emit into the atmosphere, thanks to international commitments under the Kyoto Protocol&#8217;s framework agreement on climate change.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When these countries exceed this limit, <\/span><b>they have to buy carbon credits from the countries that do take action in favour of sustainability<\/b><span style=\"font-weight: 400;\"> and in an accredited manner, to prove that they are reducing the emissions that the first group of countries have not yet stopped emitting.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><b>A commitment signed with carbon credits<\/b><\/h3>\n<p><b>The second type of carbon markets are voluntary markets.<\/b><span style=\"font-weight: 400;\"> These markets involve developing countries, but also federations, social organisations, companies or consultants, and their agreements have to be commercial or civil. The actors in this market are committed to the fight against climate change, to the protection of our planet&#8217;s forests, and <\/span><b>want to take a leading role in the business sector<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the end, companies and organisations buy carbon credits because they want their contribution to the environment to be recognised. They also seek to communicate to their stakeholders the actions they are taking to offset their annual greenhouse gas emissions. <\/span><b>It is also the responsibility of users and customers to choose environmentally responsible companies<\/b><span style=\"font-weight: 400;\">. There is still time to stop climate change.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>11Onze is becoming a phenomenon as the first Fintech community in Catalonia. Now, it releases the first version of El Canut, the super app of 11Onze, for <\/b><a href=\"https:\/\/bit.ly\/2YlbZAf\"><b>Android<\/b><\/a><b> and <\/b><a href=\"https:\/\/bit.ly\/Onze-IOS\"><b>Apple<\/b><\/a><b>. El Canut, the first universal account can be opened in Catalan territory.<\/b><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component cards\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-xl-8 offset-xl-2\">\n        <h1>Si t&#8217;ha agradat aquesta not\u00edcia, et recomanem:<\/h1>\n        <div class=\"cards__wrapper\">\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/changing-world-thanks-cork-stopper\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/10\/THUMBNAIL_ECONOMIA_CIRUCLAR_TAP_SURO-800x530.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Sustainability<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Changing the world thanks to a cork stopper<\/strong><\/p>\n              <span class=\"card-time\">3 min read<\/span>\n              <p class=\"card-text small\">The properties of cork, a 100% natural product, make it an<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/green-bonds-environmental-investment\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/10\/THUMBNAIL_BONS_VERDS-800x534.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Sustainability<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>An environmental investment<\/strong><\/p>\n              <span class=\"card-time\">3 min read<\/span>\n              <p class=\"card-text small\">The issuance of green bonds, aimed at financing sustainable<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/need-disasters-change\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/09\/THUMBNAIL_CALEN_DESASTRES_CANVIAR-800x534.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Sustainability<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Do we need disasters to change?<\/strong><\/p>\n              <span class=\"card-time\">4 min read<\/span>\n              <p class=\"card-text small\">In the face of natural (or pandemic) disasters, society is<\/p>\n            <\/div>\n          <\/div>\n\n              <\/div>\n              <br>\n              <br>\n              <div class=\"cards__wrapper\">\n\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":71,"featured_media":19999,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[19],"class_list":["post-20004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Carbon markets to reduce pollution - 11ONZE<\/title>\n<meta name=\"description\" content=\"How do carbon markets help us reduce greenhouse gas emissions? 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