ACX can provide verified offset offtake contracts to the project developer through a Verified Offset Purchase Agreement (VOPA). A VOPA is fundamental to some developers wishing to hedge against market fluctuations.
Active Investment In Clean Technology
ACX recognises the need to encourage the supply of both voluntary, such as Greenhouse Friendly™, and future mandatory emission offsets in order to increase liquidity into the Australian emissions trading market. To this end, ACX will assist with initial technical, financial and environmental due diligence of the VER project.
ACX can provide verified offset offtake contracts to the project developer through a Verified Offset Purchase Agreement (VOPA). A VOPA is fundamental to some developers wishing to hedge against market fluctuations.
These agreements will encourage the development of emission reduction projects and facilitate the deployment of low emission or "clean" technologies. ACX is also providing technical and project initiation support to assist project proponents with the relatively high cost of certification.
Steps to certification include undertaking a baseline study, detailing your monitoring plan, the preparation of project documents for valuators and assistance with verification to be carried out by an accredited third party.
ACX recognises the following activities as potential voluntary and mandatory offset sources in Australia:
- Energy Efficiency
- Avoided Landfill and Municipal Waste Management
- Recycling
- Water and Wastewater Efficiency
- Waste to Energy
- Carbon Sinks
- Landfill Gas Electricity Generation
- Clean Energy Projects
Clean Technology project proponents who want to find out more about how ACX can help them capture the emission reduction value of their projects should contact us.