CER
Certified Emissions Reductions (CER) units are most commonly traded carbon credit units, which are generated by Clean Development Mechanism (CDM) projects as per Kyoto Protocol. For a period up to 2012, trading contracts and prices are available both in primary and secondary markets. Our established network of CDM project owners based in India are actively looking for CER buyers to enter into forward agreements for unregistered CDM projects.
As of May 2011, there are 38 CDM projects (validation stage to registered) in our network that are interested in entering into ERPA for up to 2012 phase and post 2012 phase.
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