Carbon credit consultancy established

Carbon credit consultancy established
Published: 29 November 2004

Climate Focus, a new Dutch-based firm to assist governments and companies on carbon credit procurement, was established late-November. Climate Focus was founded by Adriaan Korthuis, who has headed ERUPT and CERUPT, the Joint Implementation (JI) and Clean Development Mechanism (CDM) credits procurement programs of the Dutch government agency Senter. The company will set up carbon procurement structures, assist in carbon procurement and marketing and project development, consult on climate change and carbon exposure, train staff to perform carbon assessments and do research and scientific collaboration with think tanks and academic institutions. It is based in Rotterdam in the Netherlands.

“Just three years before the start of the first commitment period of the Kyoto Protocol and merely a month before the start of allowance trading under the European Emissions Trading Scheme, responding to climate change and reducing greenhouse gas emissions is a top priority for many governments and companies. Clean Development Mechanism and Joint Implementation are crucial mechanisms to achieve compliance with emission reduction targets under the Kyoto Protocol. The window of opportunity to benefit from the flexibility these mechanisms offer to governments and companies is closing fast,” Korthuis said in a press release.