The Clean Development Mechanism (CDM) allows companies
to turn environmental improvement into a cash flow.
The CDM does this by defining a new commodity, Certified
Emission Reductions or CERs. The CERs are generated
by an approval process involving both the host country
Government and the United Nations. CERs can be sold
as other commodities either on forward contracts or
spot. By May 2008 more than 1000 project have been approved
internationally as CDM projects.
Buyers of CERs are Governments and private sector in
industrialised countries. In 2007 more than 13 billion
USD worth of CERs were traded internationally. Indeed,
this is the right time for companies in ASEAN countries
to embark on CDM projects
This is where YTL-SV Carbon can offer tailor-made solutions
for your company, starting with the screening of project
potentials to the signing of the sales contract for
the carbon credits.
YTL-SV Carbon offers to work on a No Cure, No Pay basis,
which means we take the main risks involved in CDM project
development. We know of experience that the further
the project is developed in the CDM approval process,
the higher a price the CERs can achieve. We will work
with you to maximise the value of your project.
* Also read this article at http://www.prnewswire.co.uk/cgi/news/release?id=313347