The Climate Change Services family encompasses the following members:
- Validation and Verification of project activities under the UNFCC CDM;
- Determination and Verification of project activities under the UNFCCC JI procedures;
- Verification under the European Union Emissions Trading Scheme EU ETS;
- Verification under non Kyoto mechanisms, such as Chicago Climate Exchange (CCX), the North American Voluntary greenhouse gas emission reduction and trading scheme, and Japan Voluntary Emissions Trading Scheme;
- Non accredited verification of corporate emissions inventories
Bureau Veritas Certification began to carry out the JI project 'Associated Petroleum Gas Recovery for the Kharampur oil fields of 'Rosneft'. The participants of the projects are 'Rosneft' and Carbon Trade and Finance (Luxembourg).
CDM and JI are brothers so they have essentially the same background. CDM which means Clean Development Mechanisms is a mechanism that allows developed countries which have targets for greenhouse emissions reduction to make investments in their own facilities, in their own country. They can buy or they can compensate or, if you wish, to offset their emission by buying emissions reductions through projects in developing countries. So that is CDM. An investor can, for instance, invest in a wind park, in China, and obtain for this a carbon credit and sell it to investors that are in the developed countries. JI, which means Joint Implementation, is almost the same thing but the only difference is that, in general terms, JI projects take place in developed countries. CDM occurs in developing countries and JI in developed countries or economies in transition. Especially today, the hub for JI project is the eastern European countries.
hanks to its early involvement in ''footprinting'', including carbon and other greenhouse gas (GHG) emissions, and its experience with the Eu Emissions Trading Scheme, Bureau Veritas has been selected by the United Kingdom Accreditation Service (UKAS) to participate in a six-month pilot programme to develop certification guidance to PAS 2050.
Climate Change services |
Greenhouse gas emissions |
Clean Development Mechanism (CDM) |
Joint Implementation (JI) |
Emissions trading schemes (ETS) |
Voluntary Carbon Standard (VCS) |
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