CDM

The Clean Development Mechanism (CDM) was instituted in 2001, under the Kyoto Protocol to enable developed countries to meet their Green House Gas (GHG) reduction targets at lower cost through project in developing countries.

It is designed as an element of the sustainable development strategy allowing industrialized countries investing in "clean" projects in developing countries also to gain emission credits. These credits are given in the form of certified emission reductions (CERs) which, like all the other Kyoto accounting units, are expressed in tons of carbon dioxide equivalent. The financing country can use these units to offset its own emissions of greenhouse gases during a given period, or sell them to another country. It can also bank them for use during a subsequent period. Since these investments are viewed in a positive light they also add to the reputations of project developers and investors. At the same time the recipient country gains from an increase in investment - which may be from private or public sources - in sustainable development.

Areas of work:

We work across a number of sectors such as renewable energy (bio-mass, hydro, and wind), waste to energy, and prevention of gases such as methane, HFC-23, N2O, PFC, Energy Efficiency, Waste Heat Recovery, and Plantation etc. The insights gathered across Industries, coupled with our expertise in implementing a number of associated technologies helps us identify CDM opportunities better as well as structure project concepts which have strong additionality as per CDM rules.

Associations with Experts for CDM methodologies- this helps us develop Project Design Documents (PDDs) with better articulation of baseline and additionality logic. We design PDDs with reviews by high quality experts to maximize value for carbon assets for our clients.

We are working with some of the biggest buyers for CERs. We deliver the best value for CERs to our clients owing to our strong buying-selling network. The market is rapidly evolving with appearance of forward contracts, options, derivatives, and securitization.