WHAT WE DO
Environmental Credit Solutions
ClimeCo’s roots started in the carbon market, developing and commercializing projects that generated high-quality industrial-based carbon credits (also known as offsets). Today, we are a leading global decarbonization solutions provider that gives customers greater access to a diverse portfolio of environmental credits and sustainability solutions that will take a company of any size to the next level in its decarbonization journey.
As a trusted high-integrity environmental credit developer – ClimeCo has a variety of credits from projects we have developed or invested in that will give our clients options that will best fit their brand’s goals and budget. From large corporation reduction commitments to events, touring, sports, entertainment, and many others have turned to us to provide the credits needed to achieve regulatory compliance and voluntary reduction goals.
Voluntary Carbon Market (VCM)
Since developing our first N2O (a potent greenhouse gas (GHG)) abatement project in 2010, ClimeCo projects now reduce millions of tonnes of CO2e emissions annually. We actively invest in various global voluntary projects and maintain diverse credits to meet our customers’ volume, project, and geographical diversification needs. Our experts and numerous global partners make ClimeCo a trusted source for VCM credits and renewable energy commodities.
Compliance Carbon Markets
We actively participate in regulated markets across North America, from cap-and-trade to hybrid market designs. Our mission remains the same throughout these variable and complex programs: to help clients minimize their compliance obligations and capitalize on unique market opportunities where available. ClimeCo is an expert in the following programs:
- The Western Climate Initiative (WCI) joint cap-and-trade program in California and Quebec
- Alberta’s Technology Innovation and Emission Reduction (TIER) regulation
- Carbon pricing jurisdictions across Canada, such as the Federal OBPS, Manitoba, and Saskatchewan
- The Regional Greenhouse Gas Initiative (RGGI)
Renewable Energy Credits (RECs)
RECs represent one megawatt-hour (MWh) of electricity and are the renewable attribute of electricity generated by clean, renewable resources. More commonly observed examples of renewable resources include new, small hydro, wind, and solar, but many other examples exist. RECs can also be certified by independent third parties, such as Green-e®.
ClimeCo’s “ClimeCo Renewable Energy Credits” product is certified by Green-e® Energy, an independent, third-party certification program administered by the nonprofit Center for Resource Solutions based in San Francisco, CA. Through this certification, we assure our customers that ClimeCo Renewable Energy Credits meets the highest standards in North America for product quality and marketing transparency. We undergo an annual verification process that includes an audit and a separate annual review that ensures our marketing and advertising accurately represent the environmental benefits and impact our customers can claim. For a company that wants to use Green-e® certified RECs in their reporting claims, the RECs would need to comply with specific vintaging requirements (e.g., for 2020, the RECs would need to be generated during the second half (BH) of 2019, CY2020, or Q1 2021.
ClimeCo can help you understand all this and more, from creating projects that generate RECs to laying out a clean energy plan to acquiring or selling RECs.
Plastic Credits
Solving the global plastic waste crisis will require solutions that build waste management infrastructure to recover plastic in the environment at scale. Plastic credits are a market-based mechanism to drive private sector capital to on-the-ground projects, removing environmental plastic and creating next-life solutions, including recycling, repurposing, and co-processing.
To learn how to support these projects, watch the video below or contact us.
Learn About The Benefits Of Plastic Removal Credit Projects
Learn About Our Nature-Based Removal Projects
When it comes to decarbonization, we believe that market-based solutions like environmental credits are a great financially sound investment. They are one of the most effective ways to make a positive climate impact at the lowest cost. We are happy to share our knowledge so our clients can utilize carbon credits, renewable energy credits, plastic credits, and more as part of their journey to meeting sustainability goals.
Dan Linsky
Senior VP, Voluntary Markets