📋 Tender Overview
The Minam encourages its implementation as one of the strategies against the impacts of climate change.Lima.- One of the strategies to reduce greenhouse gas emissions (GHG) is the carbon market, which is a system where companies and people can buy or sell rights to emit GHG, or credits equivalent to reductions of these emissions.
To do this, economic value is assigned to carbon emissions. Thus its reduction and the transition to a low carbon economy (neutrality carbon) are encouraged.
But how the carbon market works. Here we put an example:
Lets imagine a cement company on the Peruvian coast that decides to modernize its oven, with an eco -loved operation. With this measure it manages to reduce its carbon dioxide emissions (CO2) by 150,000 tons per year. Then, this figure in the National Registry of Mitigation Measures (RENAMI) of the Environment Ministry (Minam).
Subsequently, a multinational food firm buys these tons of carbon through emission reduction units, which are certified that represent the reduction of CO2. Thus seeks to compensate for the impact generated by its productive activity on the environment.
This action generates economic resources to the aforementioned Cementera company, as it can recover part of the investment it made to improve its technology.
Thanks to this mechanism, private investment is channeled towards the decarbonization of a key industry, achieving additional reductions that would not have occurred without the incentive of carbon credits, said the general director of Climate Change and Desertification of the Minam, Berioska Quispe.
He added that projects in charge of projects may transfer carbon credits to other actors that seek to compensate emissions, without environmental sector intervention.
Contribution to climatic goals
The carbon market contributes to governments, companies or organizations fulfilling their environmental commitments or climatic goals, supporting sustainable projects that help reduce climate change impacts.
Projects such as using clean energies or improving agricultural practices generate what is known as carbon credits, equivalent to gei tons that were ceased to be issued or were captured in the environment.
Peru promotes a transparent and reliable carbon market. Through the Renami, the Minam regulates and records the activities aimed at reducing these emissions. In addition, agreements with Switzerland (2020) and Singapore (2023) have been signed to apply article 6 of the Paris Agreement, linked to the promotion of the carbon market.
