costa rica: domestic carbon market. trading mechanism of the costa rican offset unit (unidad...

Costa Rica: Domestic Carbon Market

• Trading mechanism of the Costa Rican Offset Unit (unidad costarricense de compensación, UCC).

• Recognition of CER or VER by homologation of projects.

• UCC generated by proyects or protocol of projects (programs) for reduction or remotion of GHG in six target sectors.

• UCC demanded by companies seeking the Carbon Neutral Brand with official recognition by the Costa Rica Government or to reduce carbon footprint.

• Decreto N°37926 de Reglamento de Regulación y Operación del Mercado Doméstico de Carbono (11 de noviembre de 2013),

• Programa País de Carbono Neutralidad,

• Norma INTE 12-01-06:2011, • Normas de la Entidad

Costarricense de Acreditación (ECA-MC-P09- F13), (ECA-MC-P13-F13), (ECA-MC-C10) y (ECA-MC-P25).

Supply of UCC

Validation of Proyects

Emissiónof UCC

Demand of UCC

Autorization of Carbon Expert

Compensation Plan to obtain

C – Neutral Brand

Proyectsgenerating UCCs

VerificationProyecto

Inventory GHGand Reduction

Plan

Organización C-Neutral

RegistrySystemof theMCD: isaplatformcreatedby theDecreefor RegulationandOperation of Domestic Carbon Market.AllowstransactionsoftheCostaRicanOffsetUnit (UCC), providing transparency,efficiency, safety, and national andinternationalcredibility.

RegistryC-Neutral Firms: Registryof companieswho seek or hold carbon neutrality brandrecognizedbytheGovernmentofCostaRica

Carbon BoardExecutive Scretariat

Registry of Carbon Experts

Registry of Proyects

Registry

Registry of Transactions

Registry of C-Neutral Firms

Demandof UCC

Registry of Expert Carbon: Registry ofprofessionals whoare licensed topracticeasexpertvalidatorsorverifiersbytheCarbonBoard.

Project Registry: Information on projects,protocolsandactivitiessubmittedtotheCarbonBoardforgenerationofUCC.

TransactionRegistry:TakeaccountsholdersUCCofeachprojectoractivityregistered,andcompaniesor institutionswishingtopurchaseUCCinthecarbonmarket.

Why we do it?

Por oportunidadPor competitividadPor responsabilidad

Muchas Gracias!

cambioclimatico@minaet.go.crwww.minaet.go.cr/dccFacebook/dccCostaRica

  Photos: © GIZ