The Government of Brazil has announced an initiative encouraging holders of carbon credits from the Clean Development Mechanism (CDM), called certified emission reductions (CERs), to donate them to organizers to offset emissions from construction and renovation of stadia, consumption of fossil fuels from official and public transport, and other sources.
By some estimates, offsetting these sources of emissions would require above one million CERs or more, depending on what was covered in the calculation. That would be equivalent to taking nearly 300,000 passenger cars off the road for a year.
"Brazil's call for carbon credits to offset emissions from the world's largest mass spectator event is a welcome move and part of a global trend by organizers to green big sporting events like football tournaments and the Olympics," said Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC) after being informed of the news.
It has also been reported that FIFA is planning to offset the emissions of officials and fans by perhaps buying carbon offsets.
"I wish Brazil and FIFA every success in their endeavors and look forward to a rigorous assessment after the final whistle blows on what was actually achieved in respect to climate neutrality. Big sporting events are increasingly winning green medals for their environmental performance. In doing so they can inspire the wider society towards climate action in support of a better world," added Ms. Figueres.
All donated credits must originate from Brazilian CDM projects. Nearly 150 Brazilian CDM projects have issued more than 90 million CERs; an estimated
14 million of these could be available for donation. Each CER is equal to one tonne of avoided carbon dioxide. The smallest accepted donation is
5,000 CERs and donors will receive an official certificate acknowledging their contribution to offsetting the FIFA World Cup in Brazil.
Since being established as part of the Kyoto Protocol, the world's first emissions reduction treaty, more than 7,600 CDM projects and programmes in
105 developing countries have been approved.
These range from projects that reduce emissions by replacing inefficient wood stoves and ones improving energy efficiency to solar, wind and hydro power projects. The CDM to date has generated more than 1.4 billion CERs and has driven climate-focused investment worth $396 billion.
The value of CERs has in recent years gone down as demand has fallen, due ultimately to countries' level of ambition to reduce greenhouse gas emissions. A new universal climate agreement in Paris in 2015 could make mechanisms like the CDM indispensable as a means to mobilize investment to reduce emissions and spur development.
Public call page:
News release from the Brazilian government:
About the CDM:
The CDM allows emission-reduction projects in developing countries to earn certified emission reductions (CERs), each equivalent to one tonne of CO2.
CERs can be traded and sold, and used by industrialized countries to meet a part of their emission reduction targets under the Kyoto Protocol. With more than 7,600 registered projects and programmes in 105 developing countries, the CDM has proven to be a powerful mechanism to deliver finance for emission-reduction projects and contribute to sustainable development.
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