With an unparalleled portfolio of about 100 millions CER, Orbeo is already one of the largest market participant in the different carbon markets both on CERs as well as European Union Allowances (EUA) transactions.
Orbeo offers a wide range of carbon products and solutions to manage our clients carbon assets:
CER / ERU
CER (Certified Emissions Reductions) are issued for emission reductions from Clean Development Mechanism (CDM) project activities.
ERU (Emission Reduction Unit) are generated for emissions reductions or emission removal from Joint Implementation (JI) project.
One CER or one ERU are equivalent to one 1 metric tonne of CO2 and are tradable on carbon markets.
- - buy and sell CER or / and ERU
- - originate new streams of CER/ERU by leveraging CDM/JI projects
EUA (European Union Allowances) are the quotas allocated by the National Allocation Plans in the frame of the EU European Trading Scheme.
One EUA represents the right to emit 1 tonne of CO2.
Industrial sites are allowed to restitute CERs/ERUs instead of EUAs to a certain limit which varies country by country.
- - EUA from phase I correspond to the quotas allocated from 2005 to 2007
- - EUA from phase II correspond to the quotas allocated from 2008 to 2012
- - EUA from phase III correspond to the quotas allocated or auctioned from 2013 to 2020
Orbeo offers the possibility to swap EUA for CERs.
Verified Emission Reductions (VER) are tradable emission reductions which are not certified under the Kyoto Protocol but which can be used to compensate carbon emissions.
1 VER corresponds to one metric tone of CO2 equivalent.
VER are frequently used for voluntary offsetting of greenhouse gas emissions.
Being often associated to lighter environmental integrity requirements (e.g. additionality) and related verification process, VER are generally cheaper than CER. Various standards are emerging to characterize credits quality.
Involved in the carbon market since 2006, Orbeo is nowadays a renowned developer of these products: Gold Standard VERs, VCS, CER, and Gold Standard CERs.
With offices in America, Asia as well as in Europe and about 100 projects under contract, Orbeo provides its clients with a large variety of project location.
Orbeo assists customers during VERPA (Voluntary Emission Reduction Purchase Agreement) negotiations, transfer and retirement of the credits, and provides them with high quality communication materials of projects of their choice (pictures, videos, project sheets, etc).
Orbeo supports clients during the Due-Diligence process of the selected project/s by delivering detailed regular reports and documentation.
Orbeo has the contacts and abilities to put clients in direct contact with the Project Owner during the negotiations, and to organise a visit on site.
As additional services, with the support of Orbeo’s perennial experienced carbon partners (renowned consultancies within the carbon sector), Orbeo can help clients calculate their carbon footprint, as well as to design a strategy for avoiding and reducing internal CO2 emissions.
For more information on Orbeo’s services regarding the Voluntary Market please contact: firstname.lastname@example.org
More about standards:
- - VER “Gold Standard”: The Gold Standard has been defined in 2006 and is backed by prominent environmental groups such as WWF. It is a premium quality label, Kyoto equivalent, which ensures the successful integration of stakeholder feedback, and integrity of environmental impact assessments.
- - VCS (Voluntary Carbon Standard): It has been designed by the International Emissions Trading Association (IETA), and non-profit organizations The Climate Group and WWF. It ensures local community participation and bears a strong sustainable development dimension.