This is how the first credits of the UN carbon market work

The first credits of the UN carbon market have already been officially approved and mark the operational start of the mechanism created by the Paris Agreement in 2016. The project that premieres them is not linked to large energy infrastructures, but to something much more everyday: cooking. In Myanmar, the distribution of efficient cookstoves has just generated 60,000 credits equivalent to reduced tons of CO₂, inaugurating a new stage in international climate finance. The initiative boosts the distribution of improved and more efficient stoves in vulnerable communities, especially in developing countries where millions of households still rely on firewood or charcoal to prepare food. These technologies make it possible to significantly reduce fuel consumption and, therefore, emissions of carbon dioxide and other pollutants. In addition, they reduce exposure to smoke in enclosed spaces, which has a direct impact on the health of families, particularly women and children. Every ton of CO₂ avoided is converted into a carbon credit that can be purchased by countries or companies to offset part of their emissions.

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