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ASIA CARBON GLOBAL 2010 1
Asia Carbon GlobalAsia Carbon Global
01 July 2010
01 July 2010 22
About Asia Carbon GlobalAbout Asia Carbon Global
• Group’s activities conceptualized, researched and developed since
2001
• Founded February 2003, two years ahead of Kyoto coming into force
• One stop shop services : Carbon Advisory through Carbon Trading
• Headquartered in Singapore
• Centres of Excellence: Singapore, India &, Indonesia
• Offices: Malaysia, Thailand, Vietnam, UAE, Australia, The Netherlands
ASIA CARBON GLOBAL 2010
Global PresenceGlobal Presence
01 July 2010 ASIA CARBON GLOBAL 2010 3
Asia Carbon Global (ACG) operates its Global Headquarters out of Singapore and actively operates offices throughout Asia.
ACG’s global operation is comprised of the following companies:-
• Asia Carbon Pte Ltd – Singapore• Asia Carbon Registry Pte Ltd – Singapore• ACX-Change Pte Ltd – Singapore• ACX-Change Australia Pty Ltd – Australia• ACX-Change Hong Kong Ltd – Hong Kong• Asia Carbon Emission Management India Pvt Ltd – India• Asia Carbon Emission Management (Thailand) Ltd- Thailand• Asia Carbon Emission Management Sdn Bhd – Malaysia• First Asia Carbon Consultancy Sdn Bhd - Malaysia• PT Asia Carbon Indonesia - Indonesia• Asia Carbon UAE FZ-LLC – United Arab Emirates
Rep offices: • Sri Lanka (Cedar International)• VietNam (Vietcan Tech)
01 July 2010 ASIA CARBON GLOBAL 2010 4
Global PresenceGlobal Presence
ACG TeamACG Team
01 July 2010 5ASIA CARBON GLOBAL 2010
PartnershipsPartnerships
• Japan – Kanso Technos, JBIC
• South Korea – SK Energy, Ministry of Knowledge and Economy,
Response to Climate Change, LG CNS & GS Caltex
• India – Turbomach, Thermax, etc
• Viet Nam – Vietcan, BSA Associates, RCEE, EEC, Saigon
Tourism
• Sri Lanka – Cedar International
• Singapore – Carbon Offset Global
• Malaysia – Mensilin Holdings
• Asia Pacific - Accenture
01 July 2010 6ASIA CARBON GLOBAL 2010
Memberships & CollaborationsMemberships & Collaborations
• Sustainable Energy Association of Singapore• Singapore Business Federation• Singapore Compact
• International Enterprise Singapore• Economic Development Board• Educational Institutions
• National University of Singapore,
• Nanyang Technological University,
• Singapore Management University,
• Singapore Environmental Institute,
• Bloomberg Singapore• UKTI – UK Trade and Investment – Singapore Office
01 July 2010 ASIA CARBON GLOBAL 2010 7
AWARDSAWARDS
Asia Carbon Global recently received the Silver Award in Energy Business for Excellence in Emissions Market-Asia
for the year 2009.
01 July 2010 8
Asia Carbon won the Prestigious Golden Peacock Eco-Innovation Award 2007 and the Energy Business Awards for Excellence in
Emissions Market-Asia for the year 2007
Asia Carbon won the Prestigious Golden Peacock Eco-Innovation Award 2007 and the Energy Business Awards for Excellence in
Emissions Market-Asia for the year 2007
ASIA CARBON GLOBAL 2010
9
Market CoverageMarket Coverage
KYOTO PROTOCOL
PROJECT BASED ALLOWANCE BASED
CLEAN DEVELOPMENT MECHANISM (CDM)
JOINT IMPLEMENTATION (JI)
INTERNATIONAL EMISSION TRADING
CERTIFIED EMISSION
REDUCTION (CER)
EMISSION REDUCTION UNIT
(ERU)
ASSIGNED AMOUNT UNIT
(AAU)
01 July 2010 ASIA CARBON GLOBAL 2010
01 July 2010 1010
ACG Business ModelACG Business Model
Vertically Integrated to provide a one stop solution in carbon advisory, carbon finance and carbon asset management
Carbon Asset Management
Carbon Advisory
Carbon & Project FinanceVertically Integrated
Business Model
AC CE
ACADF™
ACXChange™
ASIA CARBON GLOBAL 2010
ServicesServices
Climate Change ConsultancyCDM, VER, Capacity Building, Carbon Footprint & Offsetting
Carbon Trading Facility
Auctions, OTC, Structured Deals
Carbon Registry
VER Registry, GHG Management Services
Climate Change InformaticsGHG applications, Carbon Calculators, Auctioning systems, Registry Systems, Monitoring Systems, etc
1101 July 2010 ASIA CARBON GLOBAL 2010
01 July 2010 12
CDM ProjectsCDM Projects
ASIA CARBON GLOBAL 2010
01 July 2010 13ASIA CARBON GLOBAL 2010
CDM ProjectsCDM Projects
Registered CDM ProjectsRegistered CDM Projects
• 21 MW RK Power Gen Biomass Project
• 7. 5 MW Chitra Biomass Project
• 8 MW VKG Steel WHR
• 4 MW Pushpit Steel Wind Project
• 7.2 MW MMCL Wind Project
• 6 MW TCP Biomass Project
• 5 MW Aarasi Biomass Project
01 July 2010 ASIA CARBON GLOBAL 2010 14
01 July 2010 ASIA CARBON GLOBAL 2010 15
Programmatic CDM ProjectsProgrammatic CDM Projects
Biomass Boiler Programme3 Yrs – ~ 60 CPA – upto10 Installations/CPAFinal Stage of Validation – ERPA under Finalization
Vapor Absorption Chiller Programme3 Yrs - ~ 20 CPA – upto10 Installations/CPAUnder Validation – ERPA under Finalization
CDM MethodologiesCDM Methodologies
• ACM 0011 – New Methodology Development
Consolidated baseline methodology for fuel switching from Coal and/or
petroleum fuels to Natural Gas in existing power plants for electricity
generation
• AM 0014 – Revision on Existing Methodology Natural Gas based package cogeneration
01 July 2010 ASIA CARBON GLOBAL 2010 16
• ISO 14064
• VCS 2007
01 July 2010 ASIA CARBON GLOBAL 2010 17
VER ProjectsVER Projects
Carbon FinanceCarbon Finance
CDM Cycle Cost covered by ACG
01 July 2010 ASIA CARBON GLOBAL 2010 18
Adaptation & Capacity Building ProgrammesAdaptation & Capacity Building Programmes
01 July 2010 ASIA CARBON GLOBAL 2010 19
Capacity Building Project For Southeast Asia to Mitigate Climate Change
Funded by Ministry of Knowledge Economy in South Korea since 2009 and 2010
Target country : Thailand, Vietnam, Malaysia
Capacity Building Project For Southeast Asia to Capacity Building Project For Southeast Asia to Mitigate Climate Change Mitigate Climate Change
01 July 2010 ASIA CARBON GLOBAL 2010 20
Building cooperation channel between countries
by conducting seminar and workshop
- Energy Efficiency in Malaysia
- CDM in mining sector and biogas in Vietnam
- Biomass and biogas in Thailand
Development of Development of CDM projectsCDM projects
CDM Feasibility study - 10 MW hydropower in Vietnam - 2MW POME project in Thailand - Biogas project in Vietnam
Technology Technology Demand Survey Demand Survey
Infrastructure and technology demand survey Joint technology demand survey report - Building energy efficiency audit report in Malaysia
Building Building Cooperation Cooperation
Channel Channel
Bengawan Solo Climate Change Adaptation ProjectBengawan Solo Climate Change Adaptation Project
01 July 2010 ASIA CARBON GLOBAL 2010 21
Government of South Korea ‘East Asia Climate Change Partnership project’ FundFund Size around USD 200 million.
Implemented by Ministry of Foreign Affairs.
The applied areas of project are City development (smart city), Green IT, Water management, Forestry, Energy & Waste management.
Current status: Proposal currently shortlisted and awaiting final decision from Govt. of South Korea.
Research ProjectsResearch Projects
• Study on Utility Distribution Loss Reduction for Ceylon Electricity Board, Sri Lanka
• A top down approach in Emission Mapping on Logistics sector in India and Malaysia conducted for METI, Japan (partnered with Accenture-Japan)
• Status of Forestry Policy in 7 countries in the Asia conducted for NEDO, Japan.
• Development of Emission Factor for Electricity Systems in Sulawesi and Kalimantan Islands in Indonesia
• Development of National Grid Emission Factor for Singapore
• Carbon Finance Framework Preparation for Geothermal Development in Indonesia
• Study on CDM Potential of Geothermal Power Generation in Indonesia
• Research on Fact Finding Mission on Greenhouse Gasses (GHG) Emissions in the Industrial Sectors in Indonesia
01 July 2010 ASIA CARBON GLOBAL 2010 22
April 10, 2023 23
ACX-CHANGEACX-CHANGEa member of Asia Carbon Globala member of Asia Carbon Global
April 10, 2023 2424
About ACX-Change (Carbon Trading)About ACX-Change (Carbon Trading)
• Web-based, with built-in registry and trading facilities since 2005
• First online project based trading platform in the world to provide a common
platform for Sellers and Buyers of Carbon Assets outside of EU Allowances
• Conducted several online auctions and closed bid auctions with total value of
60 million Euro successful bids
• Launching ACX-Japan and ACX-Korea with an auction on 21 May 2008.
• Cooperation with NEDO Japan on the primary CER pricing report & analysis
• Nikkei - JBIC Secondary CER Price Index
• Internal Market analysis on the Risk Matrix of Primary CDM market
April 10, 2023 25
System Landscape – Carbon ServicesSystem Landscape – Carbon Services
Trading Platform
Registry Platform
External Trading System
Project Participant
CDM Registry
ITL
National Registry
Clearing House
Bank
Copyright: ACX-Change 2007.Copyright: ACX-Change 2007.
April 10, 2023 26
ACX-Change CharacteristicsACX-Change Characteristics
Transparency
Price Discovery
Level playing field
Document Standardization
Low procurement cost for buyer and seller
Rights of both buyer and seller – terms & conditions apply
Secured robust technology
April 10, 2023 27
Carbon Trading PlatformCarbon Trading Platform
ACX - CHANGE
ONLINE AUCTION
CLOSED BID AUCTION
BILATERAL/ DIRECT OTC
April 10, 2023 28
Online Auction PlatformOnline Auction Platform
April 10, 2023 29
Pre- to Post- AuctionPre- to Post- Auction
• Project Information
(8-10 working days)
• Scheduled auction
• Project assessment
• Terms & Condition of the project through the ACX Project Term-sheet
• Buyer’s confirmed participation
• IT Support
• Bidding process
• Seller & Buyer communication
• Time management
• IT support
• Successful/ Un-successful bids
• Transaction confirmation
• Trading or auction analysis
• Feedback from Seller and Buyer
• ERPA process management
PRE –AUCTION
AUCTIONDAY
POST – AUCTION
April 10, 2023 30
Different Trading SchemesDifferent Trading Schemes
Online Auction Closed Bid Auction Bilateral
Buyer’s profile
• Seller receives bids from several anonymous ACX buyers;
• Seller can only see the Winning buyer after the auction ends
• Seller receives bids from several identified ACX Buyers;
• Seller would be able to identify all Buyers before announcement
of the Winning buyer
Seller could identify a buyer
Ask Price Expected Price from the Seller Floor Price from the Seller negotiation
Bid PriceIt can be Lower/ Higher than the
Ask PriceIt will be Higher than the Ask Price negotiation
Required trading documents
• Seller signs ACX Rules and Trading Mandate
• Seller signs ERPA
• Seller signs Trading Mandate;
• ACX prepares Project Term-Sheet;
• Seller signs ERPA
• Seller signs Trading Mandate;
• ACX prepares Project Term-Sheet;
• Seller signs ERPA
Online/ Offline offers
Online Offline Offline
April 10, 2023 31
ACX Buyer’s Profile - countryACX Buyer’s Profile - country
• Total more than 60 ACX Buyers
ACX Buyers - Country
Czech Republic2%
Italy3%
Netherlands7%
Switzerland5%
Austria2%
Denmark2%
Thailand2%
Singapore5%
Poland2%
Portugal2%
US7%
Spain8%
Australia7%
Japan12%
Germany10%
UK 22%
India3%
Finland2%
April 10, 2023 32
ACX Buyer’s Profile - typeACX Buyer’s Profile - type
ACX Buyers ProfileGovernment
10%
Broker9%
FI7%
Carbon Fund10%
Utility26%
Trader38%
April 10, 2023 33
Thank you