An Indian advisory services company is seeking 20,000 CERs, according to an advert on a UN website, in a rare display of demand for the CDM credits.
EnKing International is specifically seeking CERs from solar, wind or hydro projects and is willing to pay $0.35 per credit, it said in an expression of interest (EOI) on the UNFCCC site.
The firm did not stipulate from which Kyoto compliance period the credits could originate, meaning the offer, which expires on June 30, may represent a rare opportunity for holders of near-worthless CP1 CERs to offload a small portion of their inventory.
CERs from Kyoto’s first compliance period (CP1) are those generated by emissions reductions achieved pre-2013, but demand for the credits has all but vanished after the EU barred them from use in its Emissions Trading Scheme.
Click here to see EnKing’s expression of interest.
In the only other EOI currently listed on the UN site, the Climate Change Research Institute of Korea (CRIK) is seeking 100,000 CERs from almost any CDM project type.
The organisation does not indicate how much it is willing to pay per unit, but requires the CERs to have been issued after Apr. 14, 2010. That EOI expires at the end of 2015.
By Mike Szabo – firstname.lastname@example.org