Carbon credits are instruments that represent one ton of carbon dioxide or greenhouse gas emissions removed from the atmosphere. This document outlines the carbon credit market, including the types (compliance and voluntary), segments (clean development mechanism, joint implementation, emissions trading, voluntary market), and how carbon credits work by allowing companies to purchase credits from those that have reduced emissions. The benefits of carbon credits and regulations around them in Nigeria are also discussed, as well as the qualifications, purchasers, and roadmap for implementing a carbon credit system in Nigeria through the new African Carbon Market Initiative.
In this month's SlideShare we'll be covering the topic of carbon credits and carbon offsets and how these instruments are implemented to reduce carbon emissions to combat climate change. While the terms are often used interchangeably, carbon credits and carbon offsets does have certain key differences we'll be exploring. There are also important milestones to note, from the US Clean Air Act and Kyoto Protocol to UN Carbon Offset Platform. Over recent years, the carbon market value have grown significantly from EUR 186 billion in 2018 to EUR 850 billion in 2022.
The first in a series of two, this presentation focuses on understanding the scope, science, and politics of the nature-based solutions discourse in the international arena and propose ways forward.
Presentations by:
Charles Barber, Senior Biodiversity Advisor, World Resources Institute
Lucy Almond, Director and Chair, Nature4Climate
Frances Seymour, Distinguished Senior Fellow, World Resources Institute
Carbon Trading, Emission Balance, Types of Carbon Credit, Voluntary Emissions Reduction (VER), Certified Emissions Reduction (CER), Price of Carbon Credit, Emissions Trading Systems (ETS), Carbon tax , How does carbon pricing work?, Carbon Markets, Trading of Carbon Credits, Trading of Carbon Credits in India
This presenation outlines a CO2 trading framework to that tries to address issues with the current Cap and Trade and emissions taxing solutions.
This is acheived by initiating a carbon reserve that is funded by a tax on carbon credits traded, rather than carbon emissions.
The carbon reserve acts as a powerful tool to drive desired policy outcomes.
Korea's Efforts in Achieving Carbon Neutral SocietyESD UNU-IAS
"Korea's Efforts in Achieving Carbon Neutral Society", presented by Ms Rywon Yang (Green Technology Center Korea) at the 2022 ProSPER.Net Leadership Programme, 6 December, 2022.
In this month's SlideShare we'll be covering the topic of carbon credits and carbon offsets and how these instruments are implemented to reduce carbon emissions to combat climate change. While the terms are often used interchangeably, carbon credits and carbon offsets does have certain key differences we'll be exploring. There are also important milestones to note, from the US Clean Air Act and Kyoto Protocol to UN Carbon Offset Platform. Over recent years, the carbon market value have grown significantly from EUR 186 billion in 2018 to EUR 850 billion in 2022.
The first in a series of two, this presentation focuses on understanding the scope, science, and politics of the nature-based solutions discourse in the international arena and propose ways forward.
Presentations by:
Charles Barber, Senior Biodiversity Advisor, World Resources Institute
Lucy Almond, Director and Chair, Nature4Climate
Frances Seymour, Distinguished Senior Fellow, World Resources Institute
Carbon Trading, Emission Balance, Types of Carbon Credit, Voluntary Emissions Reduction (VER), Certified Emissions Reduction (CER), Price of Carbon Credit, Emissions Trading Systems (ETS), Carbon tax , How does carbon pricing work?, Carbon Markets, Trading of Carbon Credits, Trading of Carbon Credits in India
This presenation outlines a CO2 trading framework to that tries to address issues with the current Cap and Trade and emissions taxing solutions.
This is acheived by initiating a carbon reserve that is funded by a tax on carbon credits traded, rather than carbon emissions.
The carbon reserve acts as a powerful tool to drive desired policy outcomes.
Korea's Efforts in Achieving Carbon Neutral SocietyESD UNU-IAS
"Korea's Efforts in Achieving Carbon Neutral Society", presented by Ms Rywon Yang (Green Technology Center Korea) at the 2022 ProSPER.Net Leadership Programme, 6 December, 2022.
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These simplified slides by Dr. Sidra Arshad present an overview of the non-respiratory functions of the respiratory tract.
Learning objectives:
1. Enlist the non-respiratory functions of the respiratory tract
2. Briefly explain how these functions are carried out
3. Discuss the significance of dead space
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5. Describe the cough and sneeze reflexes
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2. Chapter 34, Ganong’s Review of Medical Physiology, 26th edition
3. Chapter 17, Human Physiology by Lauralee Sherwood, 9th edition
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Title: Sense of Smell
Presenter: Dr. Faiza, Assistant Professor of Physiology
Qualifications:
MBBS (Best Graduate, AIMC Lahore)
FCPS Physiology
ICMT, CHPE, DHPE (STMU)
MPH (GC University, Faisalabad)
MBA (Virtual University of Pakistan)
Learning Objectives:
Describe the primary categories of smells and the concept of odor blindness.
Explain the structure and location of the olfactory membrane and mucosa, including the types and roles of cells involved in olfaction.
Describe the pathway and mechanisms of olfactory signal transmission from the olfactory receptors to the brain.
Illustrate the biochemical cascade triggered by odorant binding to olfactory receptors, including the role of G-proteins and second messengers in generating an action potential.
Identify different types of olfactory disorders such as anosmia, hyposmia, hyperosmia, and dysosmia, including their potential causes.
Key Topics:
Olfactory Genes:
3% of the human genome accounts for olfactory genes.
400 genes for odorant receptors.
Olfactory Membrane:
Located in the superior part of the nasal cavity.
Medially: Folds downward along the superior septum.
Laterally: Folds over the superior turbinate and upper surface of the middle turbinate.
Total surface area: 5-10 square centimeters.
Olfactory Mucosa:
Olfactory Cells: Bipolar nerve cells derived from the CNS (100 million), with 4-25 olfactory cilia per cell.
Sustentacular Cells: Produce mucus and maintain ionic and molecular environment.
Basal Cells: Replace worn-out olfactory cells with an average lifespan of 1-2 months.
Bowman’s Gland: Secretes mucus.
Stimulation of Olfactory Cells:
Odorant dissolves in mucus and attaches to receptors on olfactory cilia.
Involves a cascade effect through G-proteins and second messengers, leading to depolarization and action potential generation in the olfactory nerve.
Quality of a Good Odorant:
Small (3-20 Carbon atoms), volatile, water-soluble, and lipid-soluble.
Facilitated by odorant-binding proteins in mucus.
Membrane Potential and Action Potential:
Resting membrane potential: -55mV.
Action potential frequency in the olfactory nerve increases with odorant strength.
Adaptation Towards the Sense of Smell:
Rapid adaptation within the first second, with further slow adaptation.
Psychological adaptation greater than receptor adaptation, involving feedback inhibition from the central nervous system.
Primary Sensations of Smell:
Camphoraceous, Musky, Floral, Pepperminty, Ethereal, Pungent, Putrid.
Odor Detection Threshold:
Examples: Hydrogen sulfide (0.0005 ppm), Methyl-mercaptan (0.002 ppm).
Some toxic substances are odorless at lethal concentrations.
Characteristics of Smell:
Odor blindness for single substances due to lack of appropriate receptor protein.
Behavioral and emotional influences of smell.
Transmission of Olfactory Signals:
From olfactory cells to glomeruli in the olfactory bulb, involving lateral inhibition.
Primitive, less old, and new olfactory systems with different path
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Title: Sense of Taste
Presenter: Dr. Faiza, Assistant Professor of Physiology
Qualifications:
MBBS (Best Graduate, AIMC Lahore)
FCPS Physiology
ICMT, CHPE, DHPE (STMU)
MPH (GC University, Faisalabad)
MBA (Virtual University of Pakistan)
Learning Objectives:
Describe the structure and function of taste buds.
Describe the relationship between the taste threshold and taste index of common substances.
Explain the chemical basis and signal transduction of taste perception for each type of primary taste sensation.
Recognize different abnormalities of taste perception and their causes.
Key Topics:
Significance of Taste Sensation:
Differentiation between pleasant and harmful food
Influence on behavior
Selection of food based on metabolic needs
Receptors of Taste:
Taste buds on the tongue
Influence of sense of smell, texture of food, and pain stimulation (e.g., by pepper)
Primary and Secondary Taste Sensations:
Primary taste sensations: Sweet, Sour, Salty, Bitter, Umami
Chemical basis and signal transduction mechanisms for each taste
Taste Threshold and Index:
Taste threshold values for Sweet (sucrose), Salty (NaCl), Sour (HCl), and Bitter (Quinine)
Taste index relationship: Inversely proportional to taste threshold
Taste Blindness:
Inability to taste certain substances, particularly thiourea compounds
Example: Phenylthiocarbamide
Structure and Function of Taste Buds:
Composition: Epithelial cells, Sustentacular/Supporting cells, Taste cells, Basal cells
Features: Taste pores, Taste hairs/microvilli, and Taste nerve fibers
Location of Taste Buds:
Found in papillae of the tongue (Fungiform, Circumvallate, Foliate)
Also present on the palate, tonsillar pillars, epiglottis, and proximal esophagus
Mechanism of Taste Stimulation:
Interaction of taste substances with receptors on microvilli
Signal transduction pathways for Umami, Sweet, Bitter, Sour, and Salty tastes
Taste Sensitivity and Adaptation:
Decrease in sensitivity with age
Rapid adaptation of taste sensation
Role of Saliva in Taste:
Dissolution of tastants to reach receptors
Washing away the stimulus
Taste Preferences and Aversions:
Mechanisms behind taste preference and aversion
Influence of receptors and neural pathways
Impact of Sensory Nerve Damage:
Degeneration of taste buds if the sensory nerve fiber is cut
Abnormalities of Taste Detection:
Conditions: Ageusia, Hypogeusia, Dysgeusia (parageusia)
Causes: Nerve damage, neurological disorders, infections, poor oral hygiene, adverse drug effects, deficiencies, aging, tobacco use, altered neurotransmitter levels
Neurotransmitters and Taste Threshold:
Effects of serotonin (5-HT) and norepinephrine (NE) on taste sensitivity
Supertasters:
25% of the population with heightened sensitivity to taste, especially bitterness
Increased number of fungiform papillae
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June 20, 2024, Prix Galien International and Jerusalem Ethics Forum in ROME. Detailed agenda including panels:
- ADVANCES IN CARDIOLOGY: A NEW PARADIGM IS COMING
- WOMEN’S HEALTH: FERTILITY PRESERVATION
- WHAT’S NEW IN THE TREATMENT OF INFECTIOUS,
ONCOLOGICAL AND INFLAMMATORY SKIN DISEASES?
- ARTIFICIAL INTELLIGENCE AND ETHICS
- GENE THERAPY
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- ETHICAL CHALLENGES IN LIFE SCIENCES
- Prix Galien International Awards Ceremony
2. OUTLINE
• INTRODUCTION
• TYPES
• SEGMENTS
• RELATED FACTS
• HOW DO CARBON CREDITS WORK?
• REGULATIONS IN NIGERIA
• BENEFITS
• QUALIFICATION CRITERIA
• WHO CAN PURCHASE CARBON CREDITS?
• WHERE CAN YOU PURCHASE CARBON CREDITS FROM ?
• CARBON CREDIT IN NIGERIA: ROAD TO IMPLEMENTATION
• CONCLUSION
• REFERENCES
3. INTRODUCTION
• The earth is undoubtedly warming globally
• This is largely as a result of emissions of carbondioxide(CO2)
and other green house gases (GHG) from human activities
• Such activities include industrial processes, fossil fuel
combustion, deforesetation etc
• To protect ouselves, our economy, and our land from the
adverse effects of climate change, we must reduce emmission
of CO2 and other GHGs
• The concept of Carbon credit will help to achieve this goal
4. INTRODUCTION cont’d
• Carbon credit is an instrument that represents one (1) tonne of
carbondioxide (CO2), or green house gas (GHG) emissions
removed from the atmosphere
• Carbon credits are given to companies whose activities benefit
the climate either by removing CO2 from the air or preventing it
from being emitted in the first place
5. INTRODUCTION CONT’D
WHAT IS THE CARBON MARKET?
• A diverse set of systems that are regulated in different
jurisdictions for trading green house gases pollution rights
• These rights called allowance or permit is the commodity that is
globally traded and gives the bearer the right to emit an
equivalent amount of CO2 emissions
6. TYPES OF CARBON CREDIT MARKET (CCM)
• There are broadly two (2) types of CCM in the world
1. The Compliance Market: which is developed as a result of
regulatory requirements
2. Voluntary Market: which allows private companies and
individuals to purchase carbon credits voluntarily
7. MAIN CARBON CREDIT MARKET SEGMENTS
• In principle, there are 4 main market segments:
1. The clean development mechanism (CDM)
2. Joint Implementation (JI)
3. Emissions trading
4. The voluntary carbon market
8. RELATED FACTS
• About 1.5 billion people across the globe still live without
electricity and 3 billion still cook and heat with primitive fuels
like wood or charcoal-UN, Sustainable energy for all
• In 2009, $162 billion was invested in renewable energy
projects, of which $44 billion was spent in China, India and
Brazil collectively, and just $7.5 billion on the many poorer
countries
9. RELATED FACTS CONT’D
• The majority of villages in Africa rely on kerosene lamps and
candles for their lightening
• These cost the average household US$40-80 each year and they
emit pollutants that pose serious health risks and can cause
house fires-SciDev Net
10. HOW DO CARBON CREDITS WORK?
• Typically in jurisdictions like the USA, and certain developed
nations where regulations exist with respect to the activities
governing carbon credits, it is the responsibility of the
governing body to create and allocate carbon credits
periodically to deserving companies and individuals within that
jurisdiction
• The number of credits issued to a particular company or
organisation represents its emmission limit
11. HOW DO CARBON CREDIT WORK CONT’D
• In certain jurisdictions, carbon credits are given to companies
whose activities pull out emmissions from the atmosphere
• Companies that want to compensate for their carbon foot print
may purchase carbon credits from responsible companies that
have accumulated carbon credits
12. REGULATIONS THAT AFFECT CARBON
CREDITS IN NIGERIA
• The United Nations Framework Convention on Climate change
(UNFCCC), The Kyoto protocol and Paris agreement’s
objectives is to stabilize Green house gases (GHG)
concentration in the atmosphere, to which Nigeria is a party
• The climate change act 2021 provides a legal framework for
achieving low GHG emissions and categorises climate change
actions into national plans and programs
13. REGULATIONS THAT AFFECT CARBON
CREDITS IN NIGERIA CONT’D
• Nigeria has launched its Energy Transition plan, which details a
roadmap to achieve net zero emissions by 2060
14. WHAT ARE THE BENEFITS OF CARBON
CREDITS?
1. It creates a monetary incentive for companies that consciously
embark on projects or devise methods to reduce GHG
emissions in the course of its activities
2. It creates a system for the proper measurement and verification
of emmission reductions
3. Addressing climate change will create immense dividend for
the African and Nigerian economy
15. HOW DOES A COMPANY QUALIFY FOR CARBON
CREDITS?
• In USA where regulations for carbon credit exists, the
companies that are eligible to earn carbon credits are companies
that:
- over time produce less GHG emissions
- embark on projects that prevent GHG emissions or aims to
remove GHG from the atmosphere
16. WHO CAN PURCHASE CARBON CREDITS?
• Individuals
• Companies
• Non-profit organizations
• Governments
17. WHERE CAN YOU PURCHASE CARBON
CREDITS FROM ?
• Directly from private companies with excess carbon credits
• Through a broker
• Climate trade market place
18. CARBON CREDIT IN NIGERIA: ROAD TO
IMPLEMENTATION
• On the eighth (8) day of November, 2022, the New Africa
Carbon Market Initiative (ACMI) was inaugurated at the United
Nations Climate Change global conference held in Sharm,
Egypt, with an objective to scale up on the production of carbon
credits across the continents
19. CARBON CREDIT IN NIGERIA: ROAD TO
IMPLEMENTATION CONT’D
• Nigeria and other African countries shared their committment
to collaborating with African Carbon Market initiative (ACMI)
to achieve this objectives, and it is expected that actual steps
will be taken in Nigeria to implement this objective
• It is expected that the Nigerian government will put in place a
framework for the implementation of a carbon credit system in
Nigeria
20. CONCLUSION
• It is not yet clear the categories of companies that will be
eligible for carbon credit in Nigeria
• It is however imperative for the Nigerian government to
develop a framework that will outline and govern the
implementation of carbon credits market in Nigeria in the
nearest future
21. REFERENCES
• Carbon Market Quick Facts; ACF 2012
• Carbon credit in Nigeria; Road to implementation by
Pavestone, November 2022
• www.wikipedia.com
• www.carboncreditmart.com
• www.ehow.com
• www.bcic.org.in