Demonstration of Cosain, the Irish Carbon Trading Platform for compliance and voluntary credits, including Irish-generated credits and Gold Standard

1. Wednesday 25 May 2011

2. Why offset emissions locally through Cosain?
Cosain works with Irish companies who having undertaken energy audits have
identified where efficiencies and energy reduction can be achieved. After companies
First voluntary have developed a strategy for saving on energy costs, and where emissions can’t be
domestic offset market avoided, we provide the facility for competitively priced offsetting.
in Europe
Through an energy audit firms have a stated energy efficiency benchmark. This allows
Cosain credits 1 of 7 for industry sector peer comparison, and for a public statement of both efficiency and
listed on Markit sustainability targets to customers, suppliers, investors, shareholders and
Environmental Registry
stakeholders.
hosting 80% of the
worlds voluntary
carbon credits
Taking part in a voluntary domestic offset market allows companies to future proof their
business for energy costs and emission regulations.
Cosain draws together
the leading Through the purchase of Irish offsets, you invest in Irish communities, innovation, jobs
technologies and and energy security.
standards in voluntary
carbon trading through
Markit, CTX, ISO 14064 Voluntary offsetting adds value to bids when tendering for business under ‘green
procurement’ procedures. Organisations are identified with an initiative that supports
Ireland’s role in innovation, communities and combating climate change.
Wednesday 25 May 2011

3. What is a carbon credit?
Wednesday 25 May 2011

4. Cosain’s offset solution
Powered by Proven Technology
The first on-line voluntary
carbon exchange as
Bringing together the best of the
our infrastructure
voluntary carbon markets to our clients
Low cost of trades
International access for buyers and
sellers
Leverage on the reach of the
CarbonTradeXchange Bringing Irish Buyers Transparency and credibility
and Sellers together
Options for b2b, brokers or individuals online Cosain credits listed on
Markit Environmental Registry
Access to Irish and
Ability to prove sustainable supply
International markets
chains
International Recognition
ISO 14064-1, 2 & 3
Methodologies in GHG Accounting
with CSA trained auditors
Wednesday 25 May 2011

5. Carbon Trade Exchange Carbon Trade Exchange?
Why powered by
Global
Carbon Trade Exchange is the world’s largest supplier-independent b2b trading
platform for voluntary carbon credits.
World's First Online Spot
Trading Exchange Platform
for Voluntary Carbon CTX enables companies, buy and sell carbon credits instantaneously on a seamless
Credits end-to-end electronic platform.
With offices in London, New York and Sydney, CTX has developed the world's
End to End Electronic first online spot trading exchange platform for voluntary carbon credits by adapting
Trading
the existing and proven transaction platform developed by Bartercard.
Confidence
CTX’s robust Electronic Emissions Trading Platform and relationships with premier
market Registries are the key to achieving CTX’s aims. This framework provides
transparency by tracking an offset from its generation and verification through to its
Robust and transfer and eventual retirement.
Transparent
Wednesday 25 May 2011

6. About Carbon Trade Exchange
CTX has developed a more efficient and robust mechanism for trading voluntary
Efficient carbon credits.
CTX technology stems from Bartercard, the world’s largest non-cash exchange
operating for 20 years.
Robust Launched in July 2010, CTX has already secured over 50 members including
Tullett Prebon, Westpac Banking Corp, Climate Bridge, Axpo, Camco and South
Pole.
Projects are listed on a project-by-project basis and are fully traceable to source.
Established
CTX is a gold sponsor at Carbon Expo – Barcelona, June 2011, and was a
diamond sponsor at Carbon Expo - Melbourne, October 2010, and bronze sponsor
– COP 16, Cancun Mexico, December 2010
Connected Active member of the CMIA , IETA & Policy Working Groups
Wednesday 25 May 2011

7. Voluntary credit origination and trade process
Wednesday 25 May 2011

8. Pricing Discrepancy - pre CTX
Average Price by Standard, OTC 2009 US$/tCO2e
The OTC pre-CTX market
lacks price transparency
resulting in high margin
charges by ‘middle men’
CTX allows voluntary credit
standard price indices to be
created over time enabling
cost effective transactions for
both buyers and sellers
Source: Ecosystem Marketplace, Bloomberg New Energy Finance (2010)
Wednesday 25 May 2011

9. CTX Delivery on Cosain
Transaction Process Products Market benefit
Transaction efficiency  Increased range of products Increased reputation benefit /
lower risk
Transaction security  Potential to create portfolio
Representation in the
Lower costs  Decreased position risk executive market (CMIA, IETA,
CTX, working groups)
Instant settlement  Access to project videos
Access to research and
Historic data / indices  Pricing transparency market commentary
Line of credit available based  Structure multi–product Policy Updates & review
on parent undertakings transactions
Additional outlet to market
Wednesday 25 May 2011

10. Unique to CTX – Why CTX?
Complete end-to-end solution
Liquidity
Proven technology
Replacing CCX and the OTC
market
Real time market information
Unique Electronic interface with the
world’s largest registry – Markit Scalable and Efficiency
Environmental Registry Proven Technology
End-to-end electronic
Clearing facilities – Deutsche Bank and Robust and proven exchange with
Westpac technology instantaneous
(costly to replicate) transactions
Agreements in place with the worlds
top registries, brokers, standards and
consultants
Credibility
Government financial and strategic
backing Pricing transparency
of quality, verified
credits
Wednesday 25 May 2011

11. Selection of Voluntary Credit Standards
Wednesday 25 May 2011

12. CTX Platform – Trade Screen View
Wednesday 25 May 2011

13. CTX platform – Global Search Facility
Wednesday 25 May 2011

14. CTX Platform
Immediate Access to Project Information
Wednesday 25 May 2011

15. CTX Platform
Video Functionality
Wednesday 25 May 2011

16. Cosain, the best solution
Niall McManus
Contact
56 Maudlin Street
Kilkenny
Co Kilkenny
T: +353(0)56 777 1559
M: +353(0) 87 050 7529
nmcmanus@cosain.ie
www.cosain.ie
Wednesday 25 May 2011