ANALYSIS: CER cancellations against Colombian CO2 tax jump in 2022, Verra retirements dive as supply pool shrinks

Published 23:56 on July 5, 2022  /  Last updated at 10:11 on July 6, 2022  /  Americas, Aviation/CORSIA, Carbon Taxes, International, Nature-based, Paris Article 6, Voluntary Market  /  No Comments

Voluntary cancellations of certified emissions reduction (CER) credits against Colombia's domestic carbon tax via the UN’s Clean Development Mechanism (CDM) have jumped this year, with the offsets cancelled over the last two years coming almost entirely from a handful of hydro projects.

Voluntary cancellations of certified emissions reduction (CER) credits against Colombia’s domestic carbon tax via the UN’s Clean Development Mechanism (CDM) have jumped this year, with the offsets cancelled over the last two years coming almost entirely from a handful of hydro projects.

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