{"id":28564,"date":"2020-03-05T16:14:08","date_gmt":"2020-03-05T16:14:08","guid":{"rendered":"https:\/\/sgkplanet.com\/?page_id=28564"},"modified":"2021-02-28T18:46:22","modified_gmt":"2021-02-28T18:46:22","slug":"what-are-carbon-markets-and-what-are-their-objectives","status":"publish","type":"page","link":"https:\/\/sgkplanet.com\/en\/what-are-carbon-markets-and-what-are-their-objectives\/","title":{"rendered":"What are carbon markets and what are their objectives?"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><h2><strong><span style=\"color: #8c2358;\">FAQs about Carbon Markets<\/span><\/strong><\/h2>\n<\/div><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-zoomin\" style=\"border-radius:20px;\"><img decoding=\"async\" width=\"850\" height=\"531\" title=\"FAQs-about&#8211;Carbon-Markets-Website-SGK-PLANET-Sandor-Alejandro-Gerendas-Kiss\" src=\"https:\/\/sgkplanet.com\/wp-content\/uploads\/2020\/03\/FAQs-about-Carbon-Markets-Website-SGK-PLANET-Sandor-Alejandro-Gerendas-Kiss.jpg\" alt class=\"img-responsive wp-image-28476\" srcset=\"https:\/\/sgkplanet.com\/wp-content\/uploads\/2020\/03\/FAQs-about-Carbon-Markets-Website-SGK-PLANET-Sandor-Alejandro-Gerendas-Kiss-200x125.jpg 200w, https:\/\/sgkplanet.com\/wp-content\/uploads\/2020\/03\/FAQs-about-Carbon-Markets-Website-SGK-PLANET-Sandor-Alejandro-Gerendas-Kiss-400x250.jpg 400w, https:\/\/sgkplanet.com\/wp-content\/uploads\/2020\/03\/FAQs-about-Carbon-Markets-Website-SGK-PLANET-Sandor-Alejandro-Gerendas-Kiss-600x375.jpg 600w, https:\/\/sgkplanet.com\/wp-content\/uploads\/2020\/03\/FAQs-about-Carbon-Markets-Website-SGK-PLANET-Sandor-Alejandro-Gerendas-Kiss-800x500.jpg 800w, https:\/\/sgkplanet.com\/wp-content\/uploads\/2020\/03\/FAQs-about-Carbon-Markets-Website-SGK-PLANET-Sandor-Alejandro-Gerendas-Kiss.jpg 850w\" sizes=\"(max-width: 800px) 100vw, 850px\" \/><\/span><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-bottom:40px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div>\n<\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-video fusion-youtube\" style=\"--awb-max-width:600px;--awb-max-height:360px;\"><div class=\"video-shortcode\"><div class=\"fluid-width-video-wrapper\" style=\"padding-top:60%;\" ><iframe title=\"YouTube video player 1\" src=\"https:\/\/www.youtube.com\/embed\/YUPm83Brm-I?wmode=transparent&autoplay=0\" width=\"600\" height=\"360\" allowfullscreen allow=\"autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture;\"><\/iframe><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div>\n<\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-section-separator section-separator triangle fusion-section-separator-1\" style=\"--awb-border-bottom:6px solid rgba(57,153,38,0.9);--awb-spacer-height:6px;--awb-svg-margin-left:0;--awb-svg-margin-right:0;--awb-icon-color:#ffffff;--awb-icon-top:auto;--awb-icon-bottom:-16px;--awb-margin-top:20px;\"><div class=\"fusion-section-separator-svg\"><div class=\"divider-candy-arrow bottom\" style=\"top:6px;border-top-color: rgba(57,153,38,0.9);\"><\/div><div class=\"divider-candy bottom\" style=\"bottom:-26px;border-bottom:1px solid rgba(57,153,38,0.9);border-left:1px solid rgba(57,153,38,0.9);\"><\/div><\/div><div class=\"fusion-section-separator-spacer\"><div class=\"fusion-section-separator-spacer-height\"><\/div><\/div><\/div>\n<div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-4 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-2\"><h3><span style=\"color: #333333;\">1. What are carbon markets and what are their objectives?<\/span><\/h3>\n<p>Through the Kyoto Protocol, adopted in November 1997, 37 industrialized countries and the European Union pledged to reduce at least 5% of greenhouse gas (GHG) emissions between 2008 and 2012, based on emissions from 1990.<\/p>\n<p>For this, they devised the \u201ccarbon bonds\u201d, also called Certified Emission Reductions (CERs)These carbon credits are similar to other bonds that are traded in the markets, but with certain regulations and mechanisms of their own in regional, national or international carbon markets. The idea of its creation was to encourage, instead of forcing, the different actors to stabilize and reduce their GHG emissions.<\/p>\n<p>The objective of the carbon markets was to reduce carbon dioxide emissions globally. At the beginning, the bonds were distributed among the main GHG emitting industries, required by law to issue an amount equal to or less than the bonds delivered.<\/p>\n<p>The bonds could be sold and bought in the carbon markets, according to the needs of the issuer. In this way, if a company did not consume its carbon credits it could sell them in the market, where another company bought them to be able to exceed its GHG emissions.<\/p>\n<p>On the other hand, if a developing country performs sustainable actions, such as the construction of a wind farm, installation or production of solar panels or reforestation of a forest, it can sell a &#8220;credit&#8221; to a developed country, which accounts for cover your GHG surplus emissions.<\/p>\n<p>Each carbon bond usually equals one ton of CO2 emitted, but depending on the type of GHG it can be stipulated in a different amount.<\/p>\n<p>Recommended reading: <a href=\"https:\/\/sgkplanet.com\/en\/from-kyoto-to-paris-history-of-two-climate-agreements\/\">From Kyoto to Paris, history of two climate agreements<\/a><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-5 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-section-separator section-separator triangle fusion-section-separator-2\" style=\"--awb-border-bottom:6px solid rgba(57,153,38,0.9);--awb-spacer-height:6px;--awb-svg-margin-left:0;--awb-svg-margin-right:0;--awb-icon-color:#ffffff;--awb-icon-top:auto;--awb-icon-bottom:-16px;--awb-margin-top:20px;\"><div class=\"fusion-section-separator-svg\"><div class=\"divider-candy-arrow bottom\" style=\"top:6px;border-top-color: rgba(57,153,38,0.9);\"><\/div><div class=\"divider-candy bottom\" style=\"bottom:-26px;border-bottom:1px solid rgba(57,153,38,0.9);border-left:1px solid rgba(57,153,38,0.9);\"><\/div><\/div><div class=\"fusion-section-separator-spacer\"><div class=\"fusion-section-separator-spacer-height\"><\/div><\/div><\/div>\n<div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-6 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-5 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-3\"><h3><span style=\"color: #333333;\">FAQs about Carbon Markets<\/span><\/h3>\n<\/div><div class=\"fusion-text fusion-text-4\"><h4><a href=\"https:\/\/sgkplanet.com\/en\/what-are-carbon-markets-and-what-are-their-objectives\/\">1. What are carbon markets and what are their objectives?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/what-are-cers-or-carbon-credits\/\">2. What are CERs or carbon credits?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/how-are-reductions-in-greenhouse-gas-emissions-measured\/\">3. How are reductions in greenhouse gas emissions measured?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/what-are-regulated-carbon-markets\/\">4. What are regulated carbon markets?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/what-are-voluntary-carbon-markets\/\">5. What are voluntary carbon markets?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/what-is-the-clean-development-mechanism-cdm\/\">6. What is the clean development mechanism (CDM)?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/what-was-the-cause-and-consequence-of-the-collapse-of-cers-prices\/\">7. What was the cause and consequence of the collapse of CERs prices?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/what-was-the-carbon-market-disagreement-at-cop25\/\">8. What was the carbon market disagreement at COP25?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/have-carbon-markets-served-to-mitigate-global-warming\/\">9. Have carbon markets served to mitigate global warming?<\/a><\/h4>\n<h4><a href=\"https:\/\/sgkplanet.com\/en\/what-are-the-criticisms-of-carbon-markets\/\">10. What are the criticisms of carbon markets?<\/a><\/h4>\n<\/div>\n<div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-6 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-align-block\"><a class=\"fusion-button button-flat button-xlarge button-custom fusion-button-default button-1 fusion-button-span-yes fusion-button-default-type\" style=\"--button_accent_color:#ffffff;--button_accent_hover_color:#ffffff;--button_border_hover_color:#577810;--button-border-radius-top-left:10px;--button-border-radius-top-right:10px;--button-border-radius-bottom-right:10px;--button-border-radius-bottom-left:10px;--button_gradient_top_color:#003d7a;--button_gradient_bottom_color:#003d7a;--button_gradient_top_color_hover:#359d26;--button_gradient_bottom_color_hover:#359d26;--button_text_transform:none;\" target=\"_self\" href=\"https:\/\/sgkplanet.com\/en\/faqs-about-climate-change-and-related-topics\/\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">Back to FAQs about climate change and related topics<\/span><\/a><\/div>\n<div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-7 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-7 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;--awb-margin-bottom:40px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-section-separator section-separator triangle fusion-section-separator-3\" style=\"--awb-border-bottom:6px solid rgba(57,153,38,0.9);--awb-spacer-height:6px;--awb-svg-margin-left:0;--awb-svg-margin-right:0;--awb-icon-color:#ffffff;--awb-icon-top:auto;--awb-icon-bottom:-16px;--awb-margin-top:20px;\"><div class=\"fusion-section-separator-svg\"><div class=\"divider-candy-arrow bottom\" style=\"top:6px;border-top-color: rgba(57,153,38,0.9);\"><\/div><div class=\"divider-candy bottom\" style=\"bottom:-26px;border-bottom:1px solid rgba(57,153,38,0.9);border-left:1px solid rgba(57,153,38,0.9);\"><\/div><\/div><div class=\"fusion-section-separator-spacer\"><div class=\"fusion-section-separator-spacer-height\"><\/div><\/div><\/div>\n<div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-8 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-8 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-5\"><h2 style=\"text-align: center;\"><span style=\"color: #333333;\">You can also see it in\u2026<\/span><\/h2>\n<\/div>\n<div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-9 fusion_builder_column_1_3 1_3 fusion-one-third fusion-column-first\" style=\"--awb-bg-size:cover;width:33.333333333333%;width:calc(33.333333333333% - ( ( 2% + 2% ) * 0.33333333333333 ) );margin-right: 2%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-6\"><h3 style=\"text-align: center;\"><span style=\"color: #333333;\"><strong>Infographics<\/strong><\/span><\/h3>\n<\/div><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-2 hover-type-none\"><img decoding=\"async\" width=\"300\" height=\"210\" title=\"Logo-GT-Seccion-Infografia-Website-SGK&#8211;PLANET\" src=\"https:\/\/sgkplanet.com\/wp-content\/uploads\/2018\/04\/Logo-GT-Seccion-Infografia-Website-SGK-PLANET-300x210.jpg\" alt class=\"img-responsive wp-image-28686\" srcset=\"https:\/\/sgkplanet.com\/wp-content\/uploads\/2018\/04\/Logo-GT-Seccion-Infografia-Website-SGK-PLANET-200x140.jpg 200w, https:\/\/sgkplanet.com\/wp-content\/uploads\/2018\/04\/Logo-GT-Seccion-Infografia-Website-SGK-PLANET-400x280.jpg 400w, https:\/\/sgkplanet.com\/wp-content\/uploads\/2018\/04\/Logo-GT-Seccion-Infografia-Website-SGK-PLANET.jpg 460w\" sizes=\"(max-width: 800px) 100vw, 400px\" \/><\/span><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div>\n<div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-10 fusion_builder_column_1_3 1_3 fusion-one-third\" style=\"--awb-bg-size:cover;width:33.333333333333%;width:calc(33.333333333333% - ( ( 2% + 2% ) * 0.33333333333333 ) );margin-right: 2%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-7\"><h3 style=\"text-align: center;\"><span style=\"color: #333333;\"><strong>Photo Gallery<\/strong>.<\/span><\/h3>\n<\/div><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-3 hover-type-none\"><img decoding=\"async\" width=\"300\" height=\"210\" title=\"Logo-GT-Seccion-Imagenes-Website-SGK&#8211;PLANET\" src=\"https:\/\/sgkplanet.com\/wp-content\/uploads\/2018\/04\/Logo-GT-Seccion-Imagenes-Website-SGK-PLANET-300x210.jpg\" alt class=\"img-responsive wp-image-28685\" srcset=\"https:\/\/sgkplanet.com\/wp-content\/uploads\/2018\/04\/Logo-GT-Seccion-Imagenes-Website-SGK-PLANET-200x140.jpg 200w, https:\/\/sgkplanet.com\/wp-content\/uploads\/2018\/04\/Logo-GT-Seccion-Imagenes-Website-SGK-PLANET-400x280.jpg 400w, https:\/\/sgkplanet.com\/wp-content\/uploads\/2018\/04\/Logo-GT-Seccion-Imagenes-Website-SGK-PLANET.jpg 460w\" sizes=\"(max-width: 800px) 100vw, 400px\" \/><\/span><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div>\n<div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-11 fusion_builder_column_1_3 1_3 fusion-one-third fusion-column-last\" style=\"--awb-bg-size:cover;width:33.333333333333%;width:calc(33.333333333333% - 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