Frequently Asked Questions

Title of right over an intangible, incorporeal, tradable, fungible asset representing the reduction or removal of one ton of carbon equivalent.

These are measurable goods and rights in monetary terms that represent benefits to the ecosystem resulting from the implementation of resources for the preservation, conservation, minimization, and recovery of environmental characteristics and quality.

Permanent withdrawal of the VER (Verified Emission Reduction) from circulation in the market. The withdrawal of a VER is a procedure carried out by the entity responsible for the registry, which prevents the VER from being traded or transferred again. This procedure occurs when the VER is acquired in the market and used to offset emissions from a specific activity—that is, when a buyer uses the VER to offset the amount of greenhouse gases accounted for in CO2e. The VER withdrawal procedure does not apply to cases where the purchase is intended for resale or investment.

System of buying and selling verified emission reductions in which there is no legal obligation related to the reduction or removal of GHG emissions for market participants.

Absorption or sequestration of greenhouse gases from the atmosphere.

Carbon credit transaction market as provided by this law.