Get the free Invitation to submit offers for CERs and ERUs - regjeringen

This document is an invitation for offers concerning Certified Emission Reductions (CERs) and Emission Reduction Units (ERUs) under the Norwegian Ministry of Finance's Purchase Programme for the year

How to fill out invitation to submit offers

How to fill out Invitation to submit offers for CERs and ERUs

1. Gather required documentation and information about your CERs and ERUs.
2. Access the official Invitation to Submit Offers form.
3. Carefully read the instructions provided in the form.
4. Fill out your personal and business information in the designated fields.
5. Specify the quantity of CERs and ERUs you are offering.
6. Provide details about the origin and certification of these credits.
7. Include any relevant pricing information or terms of sale.
8. Review the completed form for accuracy.
9. Submit the form by the stated deadline through the designated submission method.

Who needs Invitation to submit offers for CERs and ERUs?

1. Organizations or entities holding Certified Emission Reductions (CERs) or Emission Reduction Units (ERUs) that wish to sell or trade these credits.
2. Companies looking to meet their carbon offset obligations.
3. Investors interested in purchasing carbon credits for sustainability initiatives.

People Also Ask about

Does EU ETS allow carbon offsets?

During the third phase of the EU ETS, carbon offsets were allowed to be used for compliance with certain restrictions. Only projects related to nuclear energy, afforestation or reforestation activities (LULUCF), and projects involving the destruction of industrial gasses like HFC-23 and N2O could be part of the game.

Can you sell carbon credits internationally?

A country (or countries) could transfer carbon credits earned from the reduction of its own greenhouse gas emissions to help one or more countries meet climate targets.

Who keeps track of carbon credits?

Carbon offset registries develop standardized protocols for project registration (to issue carbon credits), keep track of available credits in the marketplace, and make sure that the environmental benefits associated with individual credits aren't being allocated to multiple entities.

Can carbon credits be sold internationally?

The International Emissions Trading program enables countries to trade in the international carbon credit market to cover their shortfall in assigned amount units. Countries with surplus units can sell them to countries that are exceeding their emission targets under Annex B of the Kyoto Protocol.

Which countries sell the most carbon credits?

Colombia has emerged as the global leader in nature-based solution (NBS) carbon credit issuances, with 142mn tonnes issued since the market's inception (as of September 2024).

What is the meaning of carbon offset program?

Carbon offsets are tradable “rights” or certificates linked to activities that lower the amount of carbon dioxide (CO2) in the atmosphere. By buying these certificates, a person or group can fund projects that fight climate change, instead of taking actions to lower their own carbon emissions.

Is there a global carbon credit market?

The size of the global carbon credit market remained on ice last year, at around USD 1.4 billion. Credit demand (i.e., “retirements”) was pretty much flat on 2023 while average spot prices fell 20%.

How can carbon credits be sold?

Often credits are sold to a specialist carbon market 'retailer' - a company like Climate Impact Partners that has set up the systems and processes to assess carbon project quality, source the best projects, and create and manage portfolios of carbon credits for end buyers who want to meet more ambitious climate targets

For pdfFiller’s FAQs

What is Invitation to submit offers for CERs and ERUs?

An Invitation to submit offers for Certified Emission Reductions (CERs) and Emission Reduction Units (ERUs) is a formal request issued by regulatory bodies seeking proposals from market participants to offer these carbon credits for sale or exchange.

Who is required to file Invitation to submit offers for CERs and ERUs?

Entities involved in carbon markets, including project developers, organizations holding CERs and ERUs, and other stakeholders looking to sell or trade these credits are required to file the Invitation to submit offers.

How to fill out Invitation to submit offers for CERs and ERUs?

Filling out the Invitation requires providing detailed information such as the quantity of CERs or ERUs being offered, the pricing structure, the project details associated with the credits, and the compliance status regarding regulatory requirements.

What is the purpose of Invitation to submit offers for CERs and ERUs?

The purpose is to facilitate the trading and exchange of carbon credits, enabling market participants to bid for and purchase CERs and ERUs, thereby supporting greenhouse gas mitigation efforts and compliance with environmental regulations.

What information must be reported on Invitation to submit offers for CERs and ERUs?

Information that must be reported includes the type and quantity of credits offered, relevant project documentation, pricing conditions, offer validity period, and the contact details of the entity submitting the offer.