Start A Carbon Trading Conversation

For new trading relationships, a short brief covering project or portfolio, expected volume by year, preferred standards and tenor can be sent by email. The desk then outlines proposed next steps and the information required to progress to pricing and term sheet stage.

FAQs

1. What types of carbon credits and certificates do you work with?

We focus on high-integrity voluntary carbon credits across nature-based, energy and technology projects. That includes REDD+ and avoided deforestation, improved forest management, afforestation and reforestation, renewable energy, energy efficiency and fuel switching, methane avoidance and destruction, agriculture and soil carbon, blue carbon, and engineered removals such as biochar and other removal projects. For clients that need more structured instruments, we can also support trades and structures involving ITMOs under Article 6 where host countries have authorised transfers, as well as energy attribute certificates such as I-RECs for renewable electricity. The objective is to align project type and certificate with the buyer’s internal accounting, ESG reporting and regulatory position.

2. How do you assess credit quality and project integrity?

Every mandate starts with a review of standards, registries and documentation. We look at baseline and additionality logic, monitoring, reporting and verification (MRV), permanence structures, leakage controls and any buffer or guarantee mechanisms. Counterparty analysis covers both the project side and the buyer side, including legal structure and contractual performance history where available. The goal is to focus trading and offtake on credits that can pass due diligence by listed corporates, funds and their advisers, not just marketing screens.

3. What kind of counterparties and ticket sizes do you focus on?

We work with project developers, aggregators, trading desks, corporates and funds that have clear supply or demand and the internal set-up to move from interest to signed contracts. Typical tickets for structured offtake and streams sit in the USD 12–40 million notional range, with some mandates above that level where volume and tenor justify it. On the project side, we are interested in portfolios that can support repeat trades, not one-off parcels that are hard to replicate for future vintages.

4. Do you only trade spot, or can you structure long-term offtake and streams?

Spot trades are part of the activity, but most of the exposure we handle sits under forward and multi-year structures. We structure offtake and stream agreements where buyers commit to volume or capital over several years in exchange for defined access to future credits. Pricing curves, volume bands, delivery schedules, step-in rights and other protections are modelled so the exposure can sit alongside other commodity or environmental positions on a trading book or balance sheet. This helps projects scale and gives buyers clearer visibility on future tonnes and pricing.

5. What does a typical engagement process look like and how fast can you move?

A standard engagement starts with a concise briefing on your position: are you bringing credits, looking for volume, or both; which standards and geographies are in scope; what annual tonnage and tenor you have in mind. Once we sign an NDA and have a complete data room, the desk targets a first priced term sheet within a short, defined timeframe, subject to complexity. From there, the focus shifts to term sheet refinement, contract drafting and alignment with internal approvals on both sides, with the aim of moving quickly from indicative terms to executed agreements that can support repeat trading.

Still have a question?

For specific mandates, a short brief on the project, expected volume and timeline can be sent, and we will respond with a clear outline of next steps.