Carbon Trade Exchange is a global carbon credit trading exchange. The exchange enables carbon buyers and sellers from around the world to trade most major voluntary carbon standards in an extremely efficient, end-to-end electronic process. The Carbon Trade Exchange is the world’s first web based electronic platform for Voluntary Carbon Credits (VERs) and international offset credits (Certified Emission Reductions or CERs).
The exchange platform allows buyers to search for credits based on vintage, credit standard, project type, and country of origin. It provides full price transparency by tracking an offset from its generation and verification through to its transfer and eventual retirement within the Markit Environmental Registry. Carbon Trade Exchange have a direct interface with Westpac Bank. This means any Westpac customers who wishing to trade carbon can do so in and out of their own bank account.
The exchange platform makes it easier and cheaper for companies to offset as an effective way to become carbon neutral. The standards available for trade include the Gold Standard, Voluntary Carbon Standards, and VCS REDD.
Buying carbon credits is the best way to offset unavoidable CO2 emissions. It allows businesses to reduce their carbon footprint and become carbon neutral. Companies who become carbon neutral invariably increase their focus on reducing their emissions, which leads to a direct saving far in excess of the original cost of offsetting their emissions. More importantly, by voluntary action, companies all over the world are showing they mean business in the battle against climate change; sustainable, profitable and conscious of the impact their activities are having on the environment.
Carbon Trade Exchange operates from offices in Australia, London and New York. They have a dynamic and highly experienced management team supported by a global board of Directors, led by founder and CEO Wayne Sharpe.
Climate Change Capital is an environmental investment manager and advisory group specialising in the opportunities generated by the global transition to a low carbon economy.
It advises and invests in companies that recognise combating global warming is both a necessity and an economic opportunity.
CCC manages funds with c. US$1.5 billion of commitments and aims to provide attractive returns to investors, demonstrating the financial opportunity associated with a low carbon economy
Carbon Finance Team
CCC has been at the forefront of the carbon market, playing key roles in the design and implementation of the Kyoto mechanisms since their inception. The Carbon Finance team develops and manages funds that invest in companies and projects involved in the reduction of greenhouse gas emissions and has committed over €850m to carbon projects since 2005.
The team currently manages the €750m Carbon Fund II focussed on the carbon and clean energy markets; the largest private sector carbon fund in the world.
Emission categories CCC has operated in include, HFC flaring, coal mine methane, biogas, landfill, palm oil waste, wind, industrial energy efficiency (iron & steel, cement) and forestry. The team has made investments Asia, North America, South America and Eastern Europe. Transaction types include equity and debt investment, upfront financing through carbon purchase agreements or pay-on-delivery carbon purchases.
Deutsche Bank's Emissions team combines market leading origination from projects around the world, a client franchise of corporate and sovereign compliance buyers and an outstanding trading capacity. The group's structuring expertise leverages the bank's global platform and provides a wide range of value-added solutions including liability management and investor products and risk management tools.
The trading desk is an active market-maker and liquidity provider across all major emissions certificates and markets. Together with Deutsche Bank's emissions research capability, the group provides an in depth understanding of the rapidly changing emissions policy, regulations and markets.
www.db.com
Established in 1864, DNV is an independent foundation with the objective of safeguarding life, property and the environment. DNV has over 9.000 employees in 300 offices in 100 countries.
Over the past decade DNV has specialised in delivering independent third party services for climate change activities worldwide and has been engaged in a large number of validations and verifications related to CDM and JI projects, voluntary emission reductions and verification of corporate emissions.
DNVs climate change related activities also cover areas such as bioenergy, wind energy, energy efficiency, Carbon Capture and Storage. DNV can offer cross-competence teams with knowledge and experience in climate change mitigation and adaptation, risk management, due diligence, technology evaluations, capacity building and training.
E.ON, one of the world’s largest Power and gas companies, is committed to make a significant contribution to the growth and further development of renewable energy and climate protection projects around the globe. Through E.ON Carbon Sourcing we aim to develop a world leading Carbon Souring business.
Backed by the E.ON group, we develop JI/CDM projects in South East Asia, MENA and Russia. We leverage our energy expertise, trading capabilities and regional footprint with an integrated approach giving us a long term competitive advantage.
E.ON’s “Buy” strategy is to take an opportunistic approach worldwide to purchase carbon credits from reputable counterparties.
E.ON-Masdar Integrated Carbon (EMIC) is a joint venture between E.ON and Masdar
E.ON-Masdar Integrated Carbon focuses on providing integrated carbon abatement and energy efficiency solutions to industrial players, utilities and national oil and gas companies by developing and investing in carbon abatement projects across the Middle East, Africa and Asia. EMICfocuses specifically on:
- Energy efficiency projects in the power and industrial sectors (incl. waste heat recovery, open-to-combined cycle conversion, etc.)
- Fugitive gas reduction, such as gas leak reduction and gas flare reduction
- Waste-to-energy, such as wastewater to biogas to power and municipal waste to RDF to energy.
Emissions trading at EEX/Eurex
For over three years, EEX and Eurex Exchange have been successfully cooperating in emissions trading. The alliance combines EEX’s membership and connectivity to the European energy trading community with Eurex Exchange’s financial market membership and global distribution network. The EEX/Eurex cooperation lets Eurex Exchange participants trade power and emission derivatives listed on EEX simply through their existing infrastructure. The joint product range comprises EUA Futures (2 nd and 3rd period of EU ETS), CER Futures as well as power derivatives on both the Phelix Base and Peak Index covering various maturitiesMoreover, trading on the EEX provides direct access to the German EUA primary market auction. For detailed information please visit www.eex.com and www.eurexchange.com.
The European Energy Exchange (EEX) develops, operates and connects secure, liquid and transparent markets, offering one-stop-shop trading in power, natural gas, emission rights andcoal. Clearing and settlement of exchange and OTC transactions are provided by the clearinghouse European Commodity Clearing AG (ECC). More than 260 trading participants from 22 countries are admitted trading members on EEX.
Eurex Exchange is one of the largest global derivatives exchanges. Our members benefit fromdiverse trading opportunities in more than 1,500 products covering 11 asset classes, including futures and options on national and international benchmark indexes, highly liquid fixed incomederivatives and a growing range of commodity products. Eurex global distribution network
connects more than 400 members from 29 countries, providing them with cost-efficient access to our global liquidity pool. Since March 2011, Eurex is the majority shareholder of EEX.
Mercuria is a privately-owned international group of companies active over a wide spectrum of global energy markets. It is one of the world's five largest independent energy traders and has a longstanding sector expertise. Its global business is run from 28 offices across five continents. The Group currently employs 750 people worldwide.
The role of the Group is to balance the market, by moving energy products in surplus to areas where they are in deficit. Diversified and rapidly growing, Mercuria is active in all energy markets: from crude oil and refined products, biodiesel and vegetable oil, to natural gas, including LNG, power, coal, and carbon emissions.
Mercuria and the Carbon Market
Our company seeks to be a leader as the world makes a gradual transition towards a green and sustainable economy. Carbon is an important part of Mercuria’s product mix from both a strategic and commercial perspective.
In a globalized market place and constantly changing environment, we are witnessing the convergence of the energy markets with carbon component becoming part of the energy pricing mechanism. It signals a sustained transition towards a more efficient and environment-conscious energy marketplace, where Mercuria is committed to be an active player and stay attuned and responsive to market and regulatory developments.
In 2010, Mercuria strategically acquired MGM International Group, a leader in the development of international projects to reduce greenhouse gas emissions and a pioneer in global carbon markets. The firm currently manages projects in 22 countries. Through the acquisition of MGM Mercuria has now an integrated approach to the carbon market with a presence in the whole value chain.
Mercuria’s competitive advantages in carbon markets
- Skilled and experienced carbon market team with a worldwide presence
- Privileged insight into the evolution of the carbon prices thanks to trading activity across all energy products
- Active on all major exchanges – ICE, EEX, Nordpool, Bluenext
- Unique expertise and experience in carbon policy and regulatory framework
- Access to markets for: Industrial players, Governments, Projects developers, Financial investors
- Use of sophisticated trading tools on all the range of carbon products: EUAs, ECRs, ERUs, Swap, Spread, Options
- Structured solutions such as prepayment, fixed and floating price off-take, protection against market volatility
- Open lines for Bilateral (Over the Counter) deals
ORBEO is the joint-venture between Rhodia and Société Générale that combines industrial, environmental and financial expertise dedicated to greenhouse gas emission reductions. From project to market, ORBEO covers the whole carbon value chain. ORBEO is among the leading participants of the CO2 markets, and a recognised developer of greenhouse gas emission reduction projects.
ORBEO’s origination and CO2 operations teams have proven their capacity to source large volumes of quality carbon projects from diversified methodologies and push them through the different international standards cycles. The team manages one of the largest CERs portfolios in the market: 119 projects for a total volume of 155 million tons. Its origination team has a long and proven track record in developing forestry projects.
Combined with its trading and marketing skills, ORBEO offers its clients a wide range of innovative and diversified products and services:
- know-how to develop, register and monitor climate change projects generating carbon credits for either compliance or voluntary offset purposes
- intelligence on environmental regulatory frameworks and emission trading schemes addressing climate change worldwide
- provision of liquidity and risk management services contributing to market efficiency
- design of customised solutions to meet all types of customers needs (industrials, governments, investors and voluntary offset buyers).
ORBEO has a solid distribution capacity, based on a large customer base. In 2010, ORBEO was appointed as dealer for the sales of 570,000 CERs by The World Bank for its Adaptation Fund. ORBEO also acted as carbon dealer in a 4 million emission rights (EUAs) auction for the State of the Netherlands in April 2010. Early 2011, ORBEO arranged a transaction between Rhodia and The World Bank for a 6 million carbon credits ERPA (Emission Reductions Purchase Agreement).
In 2010, ORBEO’s overall market share on the exchanges for EUAs and CERs was about 7%.
ORBEO is also developing carbon initiatives for forests. Via dedicated funds, ORBEO forestry initiatives provide investors with exposure to carbon credits generated by best-in-class forestry type projects worldwide.
RWE is one of Europe’s five leading electricity and gas companies. The company’s declared aim is to expand the electricity and gas business while reducing its own CO2 emissions. With over 52 GW installed generating capacity and 24 million customers across Europe RWE achieved revenues of € 53 billion and a net income of € 3.8 billion in 2010.
RWE is Europe’s largest compliance buyer and in the top 5 of companies operating in the global carbon market.
RWE combines its core technical expertise particularly in power generation, renewable energy and energy efficiency with its in-depth knowledge and experience in CDM/JI to support and develop emission reduction projects.
RWE Power has a portfolio of over 140 projects and is responsible for the CDM/JI cycle for most of these projects. An overview of our registered projects can be found under www.rwe.com/cdm-ji. RWE Power has also directly invested in some of these projects. The climate protection team benefits from the technical experience of the entire RWE group and comprises dedicated acquisition, development, implementation and monitoring experts.
RWE Power purchases CERs/ERUs from qualifying projects and offers technical consultancy and investments in specific areas. We have a flexible approach to project owners as well as sellers and can offer various pricing models and risk sharing to meet the specific demands.
Contact: [email protected].
Via it’s trading unit RWE Supply & Trading (RWEST), RWE is active on both the compliance and the voluntary market. Our broad experience in these markets allows us to structure complex deals that meet the requirements of our clients and counterparts.
RWEST offers:
- Proven experience in emission trading, providing customers with the best trading channel in the EU ETS;
- Access to high quality compliance and voluntary (Gold Standard) projects sourced from a diverse portfolio;
- One of the most experienced emissions desks in the industry, offering specialist advice for environmental markets.
Contact us if you are interested in purchasing or creating a project or trading emission credits: [email protected].
SGS is the world’s leading inspection, verification, testing and certification company. From testing micro -pollutants to ensuring compliance with new greenhouse gas emissions regulations, SGS can help your business optimize its relationship with the environment. SGS is accredited to certify US, EU, Australian and many other local environmental standards including CDM, EU ETS and voluntary emissions reporting. We offer not only reliable and accountable data, but also an extremely advanced and cost effective certification process. With offices in over 140 countries, most of the time SGS will be close to your project and more in tune with local standards than anyone else.
The SGS approach is transparent and logical, which is what makes SGS the ideal independent partner to help your business gain a competitive edge. Our experts are hand-selected and trained based on their technical expertise as well as their business acumen, and like all SGS employees their objectivity, ethics and confidentiality are beyond reproach. Recognised as the global benchmark for quality and integrity, SGS creates leading market solutions to provide true innovation for businesses and individuals alike.
To find out how SGS can help you, visit our stand D308 - Level 3
Or contact [email protected]
Founded by a consortium of leading financial institutions, energy companies, environmental brokerages and CME Group, Green Exchange LLC (‘GreenX’) was created to offer the trading community a global solution for managing risk in environmental commodities. Approved as a Designated Contract Market (DCM), GreenX lists a suite of environmental commodity-based futures and options products, including products based on the European Union carbon trading program, the Kyoto Protocol carbon offset program, the U.S.
Regional Greenhouse Gas Initiative, the Climate Action Reserve, and other domestic emissions trading programs.
GreenX continues to develop additional products in an effort to focus on the needs of evolving regional, national, and international markets, including the U.S. compliance market.
GreenX is headquartered in New York City and has an office in London.
UniCredit is a major international financial institution with strong roots in 22 European countries as well as representative offices in 27 other markets, with over 10,000 branches and approximately 160,000 employees. In the CEE region, UniCredit operates the largest international banking network with around 4,000 branches and outlets.
Corporate & Investment Banking of UniCredit Group gives companies, from small and medium Corporates to multinationals and institutional clients, access to the largest network of banks in Central and Eastern Europe, as well as to branches in major financial centers worldwide. The successful collaboration between our network’s relationship managers and specialists in our product lines (Financing & Advisory, Markets, Global Transaction Banking) enables UniCredit to respond promptly to our clients’ entrepreneurial requirements. Thus, UniCredit supports the growth and internationalisation of the Group’s corporate and institutional clients, creating sustainable value for all stakeholders.
Since 2005, UniCredit's Carbon Solutions Team has provided emission trading services to clients of the group. The team supports its customers in the development and implementation of an appropriate emission trading and risk management strategy by
- Researching the specific opportunities and threats of different industries
- Combining emission trading andcarbon hedging with commodity hedging, if applicable
- Securing investments in CO2 saving technologies and related financing
- Setting suitable risk limits
- Optimising the usage of CERs/ERUs
Founded 100 years ago, Vattenfall is one of Europe’s largest generators of electricity, with a generation portfolio including hydro, nuclear, lignite, hard coal, wind, natural gas, oil, geothermal, photovoltaic and biomass. One of Vattenfall‘s strategic ambitions is to be Number One for the Environment. Climate change resulting from emissions of carbon dioxide and other greenhouse gases is one of the greatest environmental challenges of our time.
Vattenfall‘s strategic focus here is on Making Electricity Clean. By eliminating the emissions of greenhouse gases from our operations we intend to become climate-neutral. To help meet its commitments under international climate agreements and fulfil its ambitious climate targets, Vattenfall is now seeking direct long-term partnerships with selected entities involved in emission reduction projects worldwide. With regard to the purchase of emission reductions, Vattenfall is interested in technically and operationally sound projects that comply with the eligibility requirements contained in international climate agreements and fulfil Vattenfall's own sustainability criteria, termed the Vattenfall Standard As a prime buyer and end user of CO2 emission reductions, Vattenfall invites you to submit your emission reduction project for internal screening by us as a basis for discussions leading to a potential partnership.
Contact: Michiel ten Hoopen, Vattenfall Energy Trading Netherlands N.V., Spaklerweg 16, 1096 BA Amsterdam, The Netherlands, Phone: +31 6 50126 398, Fax: +31 20 562 75 99, [email protected], www.vattenfall.com/carbonfund