Run of River Hydro Electricity Project, Peru.
Eco Global Markets focuses on originating, developing and trading carbon credits generated from projects that directly mitigate climate change. We work with companies from developing countries across the globe to create carbon credits in a wide variety of sectors. Eco Global Markets also work with companies in the developed world to assist them in meeting their greenhouse gas emission compliance targets.
Eco Global Markets is proud to offer its clients an exclusive opportunity to purchase discounted, pre-issue Certified Emission Reductions resulting from a Run of River (ROR) Hydro Electricity Project in Peru
â€˘ Project Size: 2 X 20MW â€˘ Initial CER delivery date: 2013
Our Partners Ecosystem Services, and project developers Poch Group, are currently in development of two 20 MW Run of River hydroelectricity projects in Peru. As the project abates greenhouse gas emmissions and once volumes have been validated
and verified under the strict regulations of the Clean Development Mechanism (CDM), this project will receive Certified Emission Reductions (CERs) which are eligible for usage within the European Union Emissions Trading Scheme (EU ETS).
ROR projects are dramatically different in design and appearance from conventional hydroelectric projects. Traditional dams store enormous quantities of water in reservoirs, necessitating the flooding of large tracts of land. In contrast, most run-of-river projects do not require a large impoundment of water, which is a key reason why such projects are considered to be environmentally friendly
hydro When developed with care to footprint size and location, ROR hydro projects can create sustainable energy minimizing impacts to the surrounding environment and nearby communities
ROR hydro projects use the natural downward flow of rivers and micro turbine generators to capture the kinetic energy carried by water. Typically water is taken from the river at a high point and gravity fed down a pipe to a lower point where it emerges through a turbine generator and re-enters the river. Installation of such a system is relatively cheap and has very little environmental impact, eliminating the need to burn coal or natural gas to generate the electricity needed by consumers and industry. Substantial flooding of the upper part of the river is not required for smaller-scale run-of-river projects as a large reservoir is not required. As a result, people living at or near the river donâ€™t need to be relocated and natural habitats and productive farmlands are not wiped out. As more and more people become concerned about the potential global warming effects of hydropower and the other environmental concerns arising from constructing huge dams and flooding vast swathes of land, there is increased interest in run of river hydro-electricity generation. These smaller projects could not differ more from ÂŁmulti-billion mammoth construction projects such as that undertaken building the 18GW Three Gorges Dam and hydroelectric power plant in China.
Carbon Trading could be worth twice that of oil in the next decade. The market could be worth
3 trillion a year The Guardian
The Poch Group www.pochcorp.com The Poch group has an important presence in the world of engineering and consultancy in Latin America. Since their establishment in 1989 they have offered an integral service in all the disciplines and phases of Engineering development; Project Administration and Technical Inspection as well as consulting in environmental themes with particular emphasis on Clean Development Mechanism (CDM) projects for the UNFCCC. Their commitment to face new challenges and constantly diversify their services, has allowed them to sustainably grow since start-up, with a current staff of more than 400 employees. In Peru, The Poch Group is an active member on climate change discussions providing expert views in the National Commission on Climate Change working groups, coordinated by The Ministry of Environment. The Poch Group is also a member of Peru Greenbuilding Council, a leading association that promotes the use of standards in sustainable construction.
Ecosystem Services LLC www.ecosystemservicesllc.com/about/ Ecosystem Services LLC (ES LLC) is a forestry, renewable energy, and Natural Resources Company specialized in the generation of internationally marketable environmental services. ES LLC was founded by leaders in the environmental field that share the belief that long-term conservation of the environment and unprecedented profits for investors are possible through sustainable ecosystem management, renewable energy development, and carbon markets.
our project partners Their vision is for the planet and its biodiversity to be conserved through the generation of financial returns for investors and the provision of development opportunities for people. ES LLC aims at developing and marketing their services with emphasis on carbon dioxide offsets, forest
conservation, and corporations to achieve sustainable development, with a main focus in Latin America. Their principles are based on ethical investment, social justice, gender equaity, environmental conservation, and sustainable development.
Prices of United Nations Certified Emission Reduction credits will rise by as much as
42% in 2012
as new rules reduce supplies, (Barclays Plc)
Hydro Project Peru
Traded on EU ETS
Eco Global Marketsâ€™ clients sign an Emission Reduction Purchase Agreement (ERPA) for the pre issue carbon credits. These funds will be used by our project developer to undertake the strict validation and accreditation process under the Clean Development Mechanism (CDM). Upon completion of this process, credits will be issued to our clients ready for sale within the EU Emissions Trading Scheme.
According to Soc Gen Orbeo research released towards the end of last year, CER prices are expected to rise from their present level to a price range of â‚Ź27 to â‚Ź38 by 2020.
What are CERs? Each Certified Emission Reductions (CER) represents the abatement of one tonne of carbon dioxide equivalent, and can only be issued once estimated abatement volumes have been validated and verified under strict regulations under the Clean Development Mechanism (CDM). The CDM Executive Board supervises the Kyoto Protocol’s CDM under the authority and guidance of the UN.
What is the CDM and how does it work? The Clean Development Mechanism (CDM) is a project-based mechanism created under the Kyoto Protocol. It is designed to enable developed nations to invest in emission reduction projects within their poorer counterparts, awarding them carbon credits that can be used to meet their own emission targets. These carbon credits are known as certified emission reductions (CERs).
What is the aim of the CDM?
The CDM has two basic objectives: helping industrialised countries achieve their emissions reductions as dictated by the Kyoto Protocol, and accelerating sustainable development in developing nations.
Why use the CDM? The CDM is a useful tool for nations seeking to meet their Kyoto targets or for heavy emitters operating under the European Union’s Emissions Trading Scheme. Not only does it provide a cheaper alternative to reducing emissions internally, but it also encourages sustainable development by mobilising project finance to developing parts of the world. In addition, host countries which tax the revenue from local projects can use the funds for local adaptation to climate change (e.g. China)
Why invest in CERs? CERs have become one of the carbon market’s most actively traded products. By purchasing CERs you become part of a market that has generated a significant amount of much-needed investment in poorer nations. You are also enabling these countries to adopt cleaner energy sources or more efficient industrial processes that benefit the planet.
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Brochure Disclaimer Eco Global Markets Ltd (EGM) is not regulated in the UK by the Financial Services Authority nor any other regulatory authority. You should seek independent financial and/or tax advice on all information included in this document prior to making any investment decision. EGM only promotes investments in the UK which fall outside of the definition of specified investments under the Financial Services and Markets Act 2000 (FSMA), or fall within applicable exemptions to FSMA. Accordingly, EGM is not required to be regulated by the FSA and is not authorised to offer advice to the general public concerning any regulated or unregulated investment. This means, among other things, that a person buying carbon credits from Eco Global Markets will not benefit from any protections afforded by the FSA and does not have access to the Financial Services Ombudsman or the Financial Services Compensation Scheme. The content of this document is provided for information purposes only. The content of this document must not be construed as an offer, recommendation or solicitation to sell or purchase any investment or an official confirmation of terms of any transaction. It does not form part of any contract for the sale or purchase of any investment. All forecasts are based on historical performance and are purely indicative. The value of your investment may rise or fall. No guarantees as to future performance in respect of income or capital growth are given either expressly or by implication and nothing expressed or implied should be taken as a forecast of future performance.
Published on Sep 13, 2012