6. Kyoto Protocol Non-Annex 1 (developing) countries Annex 1 (developed) countries No GHG-reduction obligations Acquisition of CERs (Certified Emission Reductions) CDM-Projects 173 Countries Obligation to reduce domestic GHG-emissions (average 15%) Investments in non-Annex 1 countries, which generate CERs
8. Clean Development Mechanism CDM Project Application CERs Stock Exchange CERs are REAL shares with increasing value! Brokers Governments Industrial Manufacturers Funds
9. Clean Development Mechanism CER Buyer pays the Project Participant Project participant EARNS based on the CER “development-stage” Source for CER value: GTZ ( as of March 31, 2008 ) € 1,5 – 5 for post-2012 projects € 6 – 8 for medium-risk forwards € 9 – 12 for low-risk forwards € 13 – 15 for issued CERs
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11. Clean Development Mechanism PIN: Project Idea Note PDD: Project Design Document DOE: Designated Operational Entity DNA: Designated National Authority of Host Country CER: Certified Emission Reduction EB: Executive Board CDM-Project Cycle Project Identification Cdm Project Promoter CER buyer pays Project proponent Buyer of CER UNFCCC / EB Issues CER CER Verification / Certification by DOE Documentation (PIN & PDD) Contract with CER buyer Registration with UNFCCC Finding CER buyer PDD Validation by DOE Endorsement by DNA Project Construction Project Operation Generation of CERs
14. Stockpiles generate methane gases All stockpiles deeper than 5 metres qualify for methane avoidance IF PELLETIZED 4t/h pellets production is worth approx. 25.000 CERs in a 10 years period Methane Avoidance TVM - Package Offer CH 4
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22. CDM Project Development Carbon Trading Identify Financing Turn-Key Wood Pellets Plants and Engineering Marketing of Wood Pellets What complete business opportunity does TVM offer? TVM - Package Offer