EcoSecurities Survey Reveals CCB Standards Viewed Favorably by Carbon Market
April, 2006 - Last month, EcoSecurities (the world’s leading greenhouse gas advisory and trading firm), published a report “Should temporary CERs be included in the EU ETS Linking Directive, and other questions concerning the potential demand for CDM Forestry CERs - Results of a survey of demand-side actors.”
The report summarized the findings of a recent survey by EcoSecurities of major carbon funds and private-sector buyers of carbon credits, to determine potential market demand for carbon forestry projects.
Survey participants were also asked about their interest in purchasing carbon credits from projects certified under the Climate, Community & Biodiversity Standards. The results were very encouraging.
More than half of all survey respondents said they would prefer CCB-certified projects, and 40% of those said they would be willing to pay a premium for credits coming from such projects.
In addition, a number of private companies saw marketing value in CCB-certified projects, given their high sustainable development benefits. Other respondents noted that CCB certification could reduce project and investment risk, and said that incorporating the CCB Standards into their due diligence process would reduce the chance that risks stay undetected. And one public fund representative stated that establishing a fund policy restricting CER purchases from forestry projects to those certified by the CCB Standards might convince their shareholders to consider opening up their fund to forestry.
The full EcoSecurities survey report can be downloaded here (PDF, 2MB)
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