Looking for a specific product?

Make a search for products & suppliers, articles & news.

NorCaP Call for carbon credits launched

In September 2013, the Norwegian government and the Nordic Environment Finance Corporation NEFCO signed an agreement to procure carbon credits for Norway in the second commitment period (2013-2020) of the Kyoto Protocol. The contract regulates procurement of up to 30 million credits from UN-approved projects which face a risk of discontinuation due to the low carbon price environment.

 

NEFCO invites project owners and other interested parties to submit offers on future deliveries of certified emission reductions (CERs) from vulnerable projects.

Call for proposals, guidelines and documents are available here: www.norcap.org

Deadline for submission of offers is January 15th 2014.

-This launch represents the kick-off of the procurement of carbon credits for the Kyoto II period, where Norway has pledged to reduce its emissions to 84 percent of the 1990-level. This is an ambitious target which we now underpin by buying credits from stranded projects. In this way we are throwing a life jacket to a drowning market. We hope others will follow and restore confidence in the carbon market, a marked which has a potential to be one of the most effective instrument in the climate change policy, says the Norwegian Minister of Climate and the Environment, Tine Sundtoft.

For more information:
MD: Jon Berg , Head of Communications, , +47 90 56 94 95

NEFCO:
Michael Sjövall , Communications Manager , NEFCO , , +358 50 3535 045

Ash Sharma , Vice President , Head of Carbon Finance and Funds , NEFCO , , 358 400 811 327

 

Related news

Latest news

BP Awards Schlumberger Contract for Mad Dog 2 Project

Export Conference 2017: A changing world

Register for this year’s most important conference for Norwegian exporters. We can promise you an interesting and inspirational day!

Meet Elkem Silicon Materials at the Ceramics Expo 2017

Elkem Silicon Metrials invites to meet their team at the Ceramics Expo 2017. This is North America’s largest, free-to-attend exhibition for Ceramic manufacturing and applications.

Event - TechnipFMC at Gastech April 4

Most ship owners are now looking very closely at the benefits that digitalization can bring in operational gains.

Deepocean Awarded Surf Contract from BP for the Foinaven Field

DeepOcean today announced that it had received a call-off under its new Master Service Agreement (MSA) with BP Exploration Operating Company Ltd.

Parquet Floor - a Furniture in itself

Read how a Nordic style, maintenance free new floor is a furniture all in itself. 

Haavik in as Sales Director

Tor Henrik Haavik enters the role as Sales Director in Steinsvik AS. Haavik has an engineering education from Høgskolen i Haugesund and has been employed in Steinsvik since 2002. Haavik comes from the position of Sales Man...

Powder Characterization Experts Offer Solutions to Optimize Process Performance

Freeman Technology, the powder characterization specialists, will be exhibiting at the Ceramics Expo for the first time (25 – 27 April, Cleveland, OH, USA). The company offers material characterization solutions aimed at o...