transforming emissions reductions into carbon assets north africa carbon exhibition jerba, 23 rd...

Transforming Emissions Reductions into

Carbon Assets

NORTH AFRICA CARBON EXHIBITION

Jerba, 23rd September 2004© CAMCO 2004

James Graham, General ManagerCamco International

Overview

– Introduction to CAMCO International

– CAMCO Approach

– Current Portfolio & Achievements to Date

© CAMCO 2004

CAMCO Mission

– To assist partners in taking advantage of new economic and strategic opportunities presented by emerging international carbon markets;

– To identify, develop & place credits for GHG emission reductions generated by eligible projects and activities (primarily under JI and CDM).

© CAMCO 2004

Founders & Inheritance

• Expertise & Know-how• Project Portfolio &

Leads • Personnel• Wide Geographic

Network of Contacts • Reputation

© CAMCO 2004

www.kwi.at

Energy for Sustainable Developmentwww.esd.co.uk

CAMCO Approach

• Operate as a partner to the project, sharing the risks and rewards of carbon asset development;

• Provide a comprehensive service - from carbon asset opportunity identification through to ERPA closure;

• Harness own experience and expertise to manage risks & uncertainties associated with new international emissions trading markets;

• Demonstrate our commitment and belief in our own ability to deliver by sharing in risks in developing carbon assets.

© CAMCO 2004

Carbon Asset Monetisation

Carbon Asset Creation

CAMCO Services

Assistance thru

Registration

Assistance thru

Validation

Assistance in ERPA

Negotiations

Project Design Document

OptimisationIdentification and Definition

Prepare Tender

Documents

Identify Preferred

Buyer

Marketing CERs to Various Buyers

CAMCO’s Primary Services

• Carbon asset identification and valuation – project due diligence, quantification and valuation of carbon asset opportunities of various types & provenances;

• Asset optimization through project structuring and risk mitigation;

• Asset realization through preparation of baselines and monitoring protocols, managing projects through the validation & registration processes;

• Marketing, placement and support in negotiation of emissions reduction purchase agreements (ERPAs) - matching projects with appropriate buyers, contract structuring, liability and risk management;

CAMCO Strengths

• Success-based rewards allow project developers and purchasers to externalise costs & risks of carbon asset development

• Long reach into markets to identify & nurture quality opportunities

• Adding value to carbon asset opportunities through optimisation and risk mitigation

• Strong experience and proven track record

Primary CAMCO Markets

• Global Reach• Market strengths

ER producers/sellers

ER buyers

CAMCO Carbon Asset Portfolio

Identified Pipeline by Project Type

Total Volume to 2012 > 80 MtCO2e

Renewables32%

Waste to Energy/Methane

22%

Other GHGs16%

Industrial Efficiency/CHP

30%

Projects contracted

Engaged Portfolio by Project Type

Total Volume to 2012: 16 MilliontCO2e

Industrial Efficiency/CHP

21%Renewables

35%

Waste to Energy/Methane

44%

CAMCO Clients to Date

• Investors in: Biomass processing (Bulgaria) Fuel-switching (Poland) Hydropower (Uganda, Bulgaria, China) Windpower (China, Kenya) Coal-mine methane utilisation (China) Low-carbon project developers (Poland)

• Emission Reductions Purchasers World Bank Carbon Funds (PCF and CDCF); European institutional buyers (Austria, Finland,

Sweden); Private & Corporate clients seeking ERs for internal

use.

Wood waste Utilisation

Hydro Projects

Some highlights to date…

Bulgaria• First JI Project to be developed concluded

an ERPA for 500,000 tCO2e in Sept 2003Uganda• First CDM baseline to be validated for PCF

in Sub-Saharan AfricaChina• Engaged by domestic project developers

to develop and market 1.3 MtCO2e from new RE investments

Validations• 4 successful validations to date, 2 more

underway

North Africa

• New market;

• Looking for new, quality projects;

• Renewables, waste to energy, energy efficiency, process change;

• > 70,000 tCO2e/annum

james.graham@camco-international .com

http://www.camco-international.com© CAMCO 2004

… Thank you.