Origination

Developing greenhouse gas (GHGs) emission reduction projects

Carbon project development

Development of Greenhouse gas emissions reduction projects.

We develop greenhouse gas (GHGs) emission reduction projects in the following sectors: forest projects, recycling, renewable energy, energy efficiency and related industries. Through the reduction of GHGs, we are contributing in the fight against irreversible climate change.

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Our technical team manage all aspects of your Project. From the design phase through to completion, we work with our clients to fully scope, implement and deliver a Project that maximises value, while satisfying full environmental and social requirements.

Projects standards
In the Carbon Markets, there are numerous standards to choose from.

The most popular Standards are:
-UNFCCC CDM: The United Nations Framework Convention on Climate Change runs the Clean Development Mechanism, a project based standard recently focused on Least Developed Countries. Credits are called CERs.
-VCS (Verified Carbon Standard): The most common standard, VCS projects offer the widest scope of project technologies which are typically based on CDM methodologies. Credits are called VCUs.
-GS (Gold Standard): Designs processes in a sustainable manner with responsibility for managing efficiently the energy resources and waste management. Credits are called GS VERs or GS CERs.

General Project Procedure

-Identification of the baseline according to the methodology selected.

-Additionality assessment. We evaluate whether the project aligns correctly with the methodology and requirements of climate change projects.

-Project Design Document. This document requires the Project’s stakeholders to be consulted, and their views are taken into consideration at the Project’s planning stage.

-Validation. Validation by an independent external company, known as a DOE (Designated Operational Entity).

-Verification by the DOE, which consists of auditing the monitoring report, previously developed.

-Registration and issuance of the credits.

Methodology development

Developing Methodologies for UNFCCC and Other Carbon Credit Mechanisms

In order to generate carbon credits a process needs to fit itself on an approved methodology. When a process does not find a methodology, so is always possible to develop a new one and submit it for approval with the accreditation panels.

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At ALLCOT we develop methodologies for UNFCCC and any other carbon credit mechanisms. For this to happened we develop:

  • A baseline to calculate generation of carbon credits
  • A monitoring methodology
  • Confirmation of environmental benefits
  • A draft Project Design Document in order to submit with the proposed methodology
  • Registration of methodology

RECs development

Origination and trading of Renewable Energy Certificates

The Tradable Instrument for Global Renewables (TIGR) Registry is an online platform for tracking and trading RECs. The Registry enables developers to generate, verify, and sell RECs. It allows buyers to source RECs anywhere in the world while managing all assets in a single online portal.

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Renewable energy certificates (RECs) track all environmental attributes of 1 megawatt hour of renewably generated power. This allows buyers to demonstrate progress toward sustainability goals in a metric, transparent, and verifiable way. For renewable power generators, RECs can provide an additional revenue stream and shorten payback periods on investments.

If you want to know more about TIGRs, you have more information here