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What are Certified Emissions Reduction credits (CERs) and Verified Emissions Reduction credits (VERs)?

April 26, 2017CERs certified Credits emissions reduction verified VERs

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What are Certified Emissions Reduction credits (CERs) and Verified Emissions Reduction credits (VERs)?

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CERs are offsets which meet mandatory standards specified for trading in a regulated market such as required under the Kyoto Protocol. VERs are offsets which meet similar criteria and serve the same function in voluntary markets.