Uruguayan companies are assimilating the need to incorporate to a greater extent responsible practices to measure the emissions of greenhouse gases from their production processes, as well as mitigation and neutralization.
What relatively recently was seen as a good reputation, today is a consumer demand in different parts of the world and before long, it will turn into demand from major trading partners.
Augustin Inthamoussu, Carbosur General Manager, an Uruguayan company dedicated to providing services in the area of environment and climate change, said the awareness of this issue has been a major boost from renewable energy projects. The generation of clean energy allows companies to attract “green bonds”, an asset traded on the international market.
Carbosur opened its operations in the year 2000 and since then works on issues of climate change mitigation, an area in which they are the pioneers in the country. So far, they have developed between 15 and 20 projects by the Clean Development Mechanism and 8 initiatives in the voluntary market.
In addition they have worked in inventories of greenhouse gas (GHG) collaborating with the Uruguayan government and also with Spain and Mexico. “These inventories are required for countries that must comply with the Kyoto Protocol, which required every year to demonstrate how much they have released,” said the company executive.
In any activity taking place, both in a production line as assembly of an event, there is a certain level of emissions. In all cases the carbon footprint can measure and then neutralize it, so that its impact is zero , by buying bonds equivalent to the tons of carbon dioxide ( CO2 ) issued.
Those titles are in the market and are generated in different projects. “In Uruguay there are many initiatives that have generated certificates, as forest plantations or electricity production based on renewable and the measurement is done by comparing, in the case of electricity generation , the volume of greenhouse gas emissions and how this system would generated by traditional methods, “said Inthamoussu . Before submitting a project of these characteristics, a ” rewards ” is giving ” green bonds ” in the appropriate amount, depending on the parameters used by the organizations participating in these markets.
Some companies opt for the market regulated by the Kyoto Protocol, under the so-called Clean Development Mechanism and others participate in the market known as “voluntary”, outside of the commitments undertaken by the countries in that Japanese city in 1997.
The Kyoto Protocol took effect in 2002 and the first commitment period of the country was from 2008 to 2012. The second period began in 2012 and runs through 2020. “We can not talk of mature markets yet in these issues,” he said.
Carbon certificates are an asset, which can then be traded. Those interested in purchasing are companies that are developing processes with high emissions and need to be neutralized.
Source | http://www.elpais.com.uy