Cosain, Irish Carbon Trading Platform

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Demonstration of Cosain, the Irish Carbon Trading Platform for compliance and voluntary credits, including Irish-generated credits and Gold Standard

Demonstration of Cosain, the Irish Carbon Trading Platform for compliance and voluntary credits, including Irish-generated credits and Gold Standard

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  • 1. Wednesday 25 May 2011
  • 2. Why offset emissions locally through Cosain? Cosain works with Irish companies who having undertaken energy audits have identified where efficiencies and energy reduction can be achieved. After companies First voluntary have developed a strategy for saving on energy costs, and where emissions can’t be domestic offset market avoided, we provide the facility for competitively priced offsetting. in Europe Through an energy audit firms have a stated energy efficiency benchmark. This allows Cosain credits 1 of 7 for industry sector peer comparison, and for a public statement of both efficiency and listed on Markit sustainability targets to customers, suppliers, investors, shareholders and Environmental Registry stakeholders. hosting 80% of the worlds voluntary carbon credits Taking part in a voluntary domestic offset market allows companies to future proof their business for energy costs and emission regulations. Cosain draws together the leading Through the purchase of Irish offsets, you invest in Irish communities, innovation, jobs technologies and and energy security. standards in voluntary carbon trading through Markit, CTX, ISO 14064 Voluntary offsetting adds value to bids when tendering for business under ‘green procurement’ procedures. Organisations are identified with an initiative that supports Ireland’s role in innovation, communities and combating climate change.Wednesday 25 May 2011
  • 3. What is a carbon credit?Wednesday 25 May 2011
  • 4. Cosain’s offset solution Powered by Proven Technology The first on-line voluntary carbon exchange as Bringing together the best of the our infrastructurevoluntary carbon markets to our clients Low cost of trades International access for buyers and sellers Leverage on the reach of the CarbonTradeXchange Bringing Irish Buyers Transparency and credibility and Sellers togetherOptions for b2b, brokers or individuals online Cosain credits listed on Markit Environmental Registry Access to Irish and Ability to prove sustainable supply International markets chains International Recognition ISO 14064-1, 2 & 3 Methodologies in GHG Accounting with CSA trained auditorsWednesday 25 May 2011
  • 5. Carbon Trade Exchange Carbon Trade Exchange? Why powered by Global Carbon Trade Exchange is the world’s largest supplier-independent b2b trading platform for voluntary carbon credits. Worlds First Online SpotTrading Exchange Platform for Voluntary Carbon CTX enables companies, buy and sell carbon credits instantaneously on a seamless Credits end-to-end electronic platform. With offices in London, New York and Sydney, CTX has developed the worlds End to End Electronic first online spot trading exchange platform for voluntary carbon credits by adapting Trading the existing and proven transaction platform developed by Bartercard. Confidence CTX’s robust Electronic Emissions Trading Platform and relationships with premier market Registries are the key to achieving CTX’s aims. This framework provides transparency by tracking an offset from its generation and verification through to its Robust and transfer and eventual retirement. TransparentWednesday 25 May 2011
  • 6. About Carbon Trade Exchange CTX has developed a more efficient and robust mechanism for trading voluntary Efficient
 carbon credits. CTX technology stems from Bartercard, the world’s largest non-cash exchange operating for 20 years. Robust Launched in July 2010, CTX has already secured over 50 members including Tullett Prebon, Westpac Banking Corp, Climate Bridge, Axpo, Camco and South Pole. Projects are listed on a project-by-project basis and are fully traceable to source. Established
 CTX is a gold sponsor at Carbon Expo – Barcelona, June 2011, and was a diamond sponsor at Carbon Expo - Melbourne, October 2010, and bronze sponsor – COP 16, Cancun Mexico, December 2010 Connected
 Active member of the CMIA , IETA & Policy Working GroupsWednesday 25 May 2011
  • 7. Voluntary credit origination and trade processWednesday 25 May 2011
  • 8. Pricing Discrepancy - pre CTX Average Price by Standard, OTC 2009 US$/tCO2e The OTC pre-CTX market lacks price transparency resulting in high margin charges by ‘middle men’ CTX allows voluntary credit standard price indices to be created over time enabling cost effective transactions for both buyers and sellers Source: Ecosystem Marketplace, Bloomberg New Energy Finance (2010)Wednesday 25 May 2011
  • 9. CTX Delivery on Cosain Transaction Process Products Market benefit Transaction efficiency  Increased range of products Increased reputation benefit / lower risk Transaction security  Potential to create portfolio Representation in the Lower costs  Decreased position risk executive market (CMIA, IETA, CTX, working groups) Instant settlement  Access to project videos Access to research and Historic data / indices  Pricing transparency market commentary Line of credit available based  Structure multi–product Policy Updates & review on parent undertakings transactions Additional outlet to marketWednesday 25 May 2011
  • 10. Unique to CTX – Why CTX? Complete end-to-end solution Liquidity Proven technology Replacing CCX and the OTC market Real time market information Unique Electronic interface with the world’s largest registry – Markit Scalable and Efficiency Environmental Registry Proven Technology End-to-end electronic Clearing facilities – Deutsche Bank and Robust and proven exchange with Westpac technology instantaneous (costly to replicate) transactions Agreements in place with the worlds top registries, brokers, standards and consultants Credibility Government financial and strategic backing Pricing transparency of quality, verified creditsWednesday 25 May 2011
  • 11. Selection of Voluntary Credit StandardsWednesday 25 May 2011
  • 12. CTX Platform – Trade Screen ViewWednesday 25 May 2011
  • 13. CTX platform – Global Search FacilityWednesday 25 May 2011
  • 14. CTX Platform Immediate Access to Project InformationWednesday 25 May 2011
  • 15. CTX Platform Video FunctionalityWednesday 25 May 2011
  • 16. Cosain, the best solution Niall McManus Contact 56 Maudlin Street Kilkenny Co Kilkenny T: +353(0)56 777 1559 M: +353(0) 87 050 7529 nmcmanus@cosain.ie www.cosain.ieWednesday 25 May 2011