Category: ITMO
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Where does the value of an ITMO come from?
An emissions reduction has value. But value and price are not the same thing. It starts with a project (perhaps a renewable energy project, improved agricultural practices or reforestation) that is designed to reduce or remove emissions. But simply reducing emissions doesn’t make something an ITMO. The emissions reduction needs to go through the relevant…
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An ITMO isn’t a project
An ITMO isn’t a project. Every ITMO starts with a project that reduces or removes emissions. That could be a renewable energy project, improved agricultural practices, reforestation, or another activity that creates a real, measurable reduction in emissions. Once those emissions reductions have been measured, verified and authorised under the rules of the Paris Agreement,…
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There is no shortage of information about ITMOs
There is no shortage of information about ITMOs and Article 6.The challenge is that much of it is written for people who already work in climate policy and carbon markets. This page isn’t here to impress you with technical language.It’s here to explain what it actually means. On this page, we’ll be sharing clear explanations…