The Climate Cent Foundation’s mandate abroad is to acquire a maximum of 10 million tonnes of project-based Kyoto certificates for the period 2008 to 2012 and hand those over to the Swiss Confederation towards the fulfilment of its climate target.
General information
In order to cover delivery risk, the Foundation aimed to acquire abroad certificates amounting to 15 million tonnes. In principle, all project-based Kyoto certificates could be purchased. However, the Foundation Council decided to abstain from acquiring certificates generated by certain types of project (HFC-23, coal mine methane capture, biological sinks). The Foundation laid its emphasis on projects aimed at harnessing renewable energy and on high-quality small-scale projects.
Status
In the context of its acquisition programme for Kyoto certificates, the Foundation has signed agreements covering an expected total of 11.92 million tonnes of CO2. By October 2010, 4.70 million Kyoto certificates stemming from 46 projects had been transferred to the Foundation’s account in the National Emissions Trading Registry, each certificate amounting to one tonne of CO2.
Contact
Marco Berg, Managing Director, Phone: +41 (0)44 387 99 02, E-Mail
