Global warming has been increasing throughout the last 50 years, bringing harmful effects to the population. This is why, the countries have originated actions that try to decrease the negative consequences, agreements, among which is the Kyoto Protocol. This last one has the objective to promote the reduction of greenhouse effect gases that cause global warming through flexibility mechanisms, such as MDL. Formulating recommendations regarding it, which may minimize the environmental impact and promote the sustainable development in the world.
Developing countries may sell the reduction certificates directly to industrialized countries, since MDL is a scheme of markets for the emission rights where the rights are represented in certified reductions of CER emissions.
One CER is equivalent to a ton of CO2 that was not emitted to the environment. This one is issued and certified by UNFCCC and may be commercialized throughout the world through green stock markets, that function like a stock Exchange. The national authority appointed for the Colombian case is the Colombian Office for the Mitigation of Climate Change in Colombia (OCMCC), which is part of the Ministry of Environment, Housing, and Territorial Development.
The trees planted at Reforestadora Guacamayas, become sinks with potential to capture Greenhouse Effect Gases (GEG), that in their total extension may be able to generate 4.754.709,02 CER (Certified Emission Reductions) for sale, helping mitigate the worldwide climate change.