On December 11, 2024, the Ministry of the Environment (MMA), in collaboration with AONIK, published the Guide for the Certification of Greenhouse Gas Emission Reduction Projects. This guide marks a significant milestone in advancing the Emission Compensation System (SCE) by providing a clear framework for the development, implementation, and certification of greenhouse gas (GHG) reduction projects.
The new guide aims to overcome technical barriers for project developers by detailing the methodological requirements needed for certification and outlining pathways to generate emission reduction credits. These credits can be used to offset emissions taxed under green taxes, offering an opportunity for industries to comply with climate regulations while contributing to sustainability and mitigation efforts.
The document highlights key certification programs and methodologies based on project type, covering the full lifecycle of emission reduction projects. It also includes practical case studies, such as a nature-based solution and degraded forest restoration project in Chiloé and a landfill gas management project in Colombia, to illustrate real-world applications.
This guide provides essential tools for developers of projects in areas such as nature-based solutions, forest restoration, and waste management, ensuring their participation in the SCE is straightforward and compliant with regulatory standards.
The release of these guidelines is expected to encourage an increase in certified emission reduction projects, particularly in sectors impacted by green tax obligations. This structured approach could accelerate sustainability efforts and support industries in meeting climate mitigation goals.
Businesses and stakeholders in relevant sectors are advised to review the guide to understand the certification process and evaluate their current or future projects for eligibility. Leveraging this framework presents a significant opportunity to offset emissions, generate credits, and align with evolving sustainability priorities.
