UN Climate Change
To be added.
Norway's Climate and Environment Ministry has signed an agreement to buy UN-certified carbon credits from three of Scatec Solar's power plants in West Africa. About 330,000 tons of CO2 emissions will be avoided from these solar plants during a three-year period ending 2020. The Purchase Agreement for the Certified Emission Reduction (CER) includes an option to extend the contract thereafter.
Scatec Solar develops, builds, owns and operates solar PV plants in emerging markets, focusing on projects that meet the high sustainability criteria set by the UN's Clean Development Mechanism (CDM). "As a partner for climate action, Scatec Solar attaches great importance to this because we believe the United Nations mechanisms provide the highest level of environmental integrity available in the marketplace," says Terje Osmundsen, Scatec Solar's Vice President for Business Development.
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Photo credit: Scatec Solar