This project aims to encourage consumers and businesses to make decisions that lower CO2 emissions, creating credits that can be bought by companies that aspire to move towards carbon neutrality.
The purchase will generate revenue that can be used by municipalities in activities that also promote a green, decarbonised and circular economy, all these transactions being registered in the AYR technology platform, which quantifies the values of carbon emissions avoided with its use.
The development of this project is the result of a protocol between the CeiiA - Engineering and Development Centre, in Matosinhos, district of Porto, and the Ministry of Environment and Climate Action.
“Above all, it is possible to assign a financial value to the emissions avoided by citizens’ behaviour, a value that will be reinvested in the region in activities related to the green economy,” said CEiiA president José Rui Felizardo.
“This project will help Portugal achieve carbon neutrality in 2050, and is in line with the ambitions of the European Union’s Ecological Pact,” he said.
These markets also aim to encourage companies that cannot completely eliminate their CO2 emissions to offset their emissions by buying carbon credits.