CERs

Spectron has had a long-standing commitment to green markets, and is now a market leader in the brokering of international CERs (Certified Emissions Reduction units).

The voluntary implementation of the Kyoto Protocol has created new markets for carbon trading through the Clean Development Mechanism (CDM). Kyoto-ratified countries have the goal of reducing emissions to levels 5% lower than those recorded in 1990. In order to do this, Kyoto’s CDM implemented a market that allows Annex I countries (countries with an emissions reduction plan) to invest in developing countries to generated Certified Emission Reductions (CERs). The goal of this plan is to allow developing countries access to emissions reducing technology, while generating CER credits. The program officially started in 2008, but CERs may be generated from projects beginning in 2000. Each country involved in the CDM has a Designated National Authority charged with the development of a plan for sustainable development. These groups approve CER-generating renewable projects, and review business plans to ensure that they are sustainable before any potential CER-generating project is undertaken. These projects are also reviewed by third-party auditors certified by the CDM Executive Board.

Spectron offers OTC trading of CERs via its integrated electronic/phone broking system.

Contacts
Trading enquiries: James Ash  +44 20 7074 0888
Data/Screen enquiries: Richard Frape  +44 20 7074 2008