Mechanism for Voluntary Mitigation of Greenhouse Gas Emissions in Colombia

To formulate and establish the technological and institutional platform basis for a verified emission reductions (VERs) market mechanism and to facilitate efforts of voluntary mitigation of greenhouse gas (GHG) emissions in Colombia, by: (i) creating a market platform for nationally issued VERs accessible to national or international buyers; (ii) supporting the issuing of VERs from forest carbon projects developed in Colombia; and (iii) fostering local demand of VERs through corporate carbon mitigation and offsetting strategies.