Argentina may play an outstanding role in the CER (Certified Emission Reductions) markets through the promotion and implementation of activities registered as UN CDM - Clean Development Mechanism projects, thus contributing to the achievement of the GHG emission reduction targets undertaken under the Kyoto Protocol and any other future commitments, while concurrently developing an attractive and promising market for the global trading of carbon credits. Hychico's economic and financial analysis has considered obtaining carbon credits from the Diadema Wind Park under the Clean Development Mechanism. To this end, Hychico prepared a PDD (Project Design Document) that was retroactively approved by the UNDP Executive Board as at July 2012, which shows an estimated reduction of 17.000 CO2e per year.
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