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The Carbon Market

Carbon Resource Management focuses on securing Certified Emission Reductions (CERs) for compliance through the Clean Development Mechanism (CDM). In 2011 the CER market was worth Euro 17.8 billion (including both primary and secondary credits), whilst a total of 320 million CERs were issued during the year.

The company also works with clients to bring to market greened Assigned Amount Units (AAU).

Overall the carbon market was estimated to be worth in the region of Euro 96 billion in 2011. The largest demand for carbon credits arises from the EU Emissions Trading Scheme, in which over 6.1 billion EU Allowances were bought and sold during the year, with a total value of €76 billion.