Clean Energy

Credit Marketing Facility

The Credit Marketing Facility (CMF) has been established under Carbon Market Initiative (CMI). CMF assists sponsors to market additional credits generated beyond those that have been sold upfront to Asia Pacific Carbon Fund (APCF).

APCF provides co-financing for CDM Projects supported by ADB in return for the supply of a proportion of the CERs to be generated from such projects. The Sponsor may sell any CERs in excess of those CERs sold to the APCF or where the APCF declines to purchase such CERs.

ADB retains two agents (Sellers’ Representative), to assist and advise the Sponsor to sell such CERs. The Sellers’ Representative will be called upon to provide such agency services following the request of a Sponsor.

The Sellers’ Representative is expected to:

1. Sell the CERs at the best price, under the most favorable terms, at the earliest possible time, and with the reasonable service fees
2. Possess the capability to effectively communicate with Sellers
3. Identify, avoid and/or manage conflicts of interest between or among the Seller, Sellers’ Representative, ADB, APCF, potential buyers, and agents and brokers, if any, to get the best price and most favorable terms for the sale of the CERs
4. Coordinate closely with ADB for, among others, regular updates on the Sellers’ Representative’s marketing activities in relation to the sale of the CERs, and monitoring after carbon credit registration

ADB Retained Sellers' Representatives:

• CM Capital Markets Holding
  

  CM Capital Markets Group was founded in 1986, nowadays the Group counts with the cooperation of more than 300 professionals working in two locations: Madrid (Spain) and São Paulo (Brazil), and focuses its activities in Spain, Europe, Brazil and North America in brokerage, hedge funds, asset management, carbon and corporate finance.

  Learn more about CM Capital Markets Holding* [ PDF ]



• Tradition Financial Services Ltd
  

  TFS Green is part of Tradition, one of the largest and most successful interdealer brokers across the world, employing over 2,250 people. Tradition has built up a global business in the power, gas, coal, weather and oil markets, and since 2001 has been prominent in the renewable energy and emissions markets in Europe, the US and Asia Pacific. In 2005, TFS Green began building a presence in the Clean Development Mechanism (CDM), Joint Implementation (JI) and Voluntary Emissions Reductions (VER) markets. The TFS Green team spans the globe with offices and representatives in London, New York, Beijing, Sydney, Melbourne, Manila, Singapore, Mumbai, Tokyo and Johannesburg. TFS Green has 15 brokers in five countries specialising in the CDM and JI markets.
  
  Learn more about TFS Green* [ PDF ].