Carbon Resource Management focuses on securing Certified Emission Reductions (CERs) for compliance through the Clean Development Mechanism (CDM). In 2009 the CER market was worth €17.5 billion (including both primary and secondary credits), whilst a total of 135 million were issued during the year.
The company also works with clients to bring to market greened Assigned Amount Units (AAU), with the global trade in AAUs being estimated to be €1.38 billion in 2009.
Overall the carbon market was estimated to be worth in the region of Euro 100 billion in 2009. The largest demand for carbon credits arises from the EU Emissions Trading Scheme, in which over 5.6 billion EU Allowances were bought and sold during the year, with a total value of €73 billion.