acg track record

ASIA CARBON GLOBAL 2010 1

Asia Carbon GlobalAsia Carbon Global

01 July 2010

01 July 2010 22

About Asia Carbon GlobalAbout Asia Carbon Global

• Group’s activities conceptualized, researched and developed since

2001

• Founded February 2003, two years ahead of Kyoto coming into force

• One stop shop services : Carbon Advisory through Carbon Trading

• Headquartered in Singapore

• Centres of Excellence: Singapore, India &, Indonesia

• Offices: Malaysia, Thailand, Vietnam, UAE, Australia, The Netherlands

ASIA CARBON GLOBAL 2010

Global PresenceGlobal Presence

01 July 2010 ASIA CARBON GLOBAL 2010 3

Asia Carbon Global (ACG) operates its Global Headquarters out of Singapore and actively operates offices throughout Asia.

ACG’s global operation is comprised of the following companies:-

• Asia Carbon Pte Ltd – Singapore• Asia Carbon Registry Pte Ltd – Singapore• ACX-Change Pte Ltd – Singapore• ACX-Change Australia Pty Ltd – Australia• ACX-Change Hong Kong Ltd – Hong Kong• Asia Carbon Emission Management India Pvt Ltd – India• Asia Carbon Emission Management (Thailand) Ltd- Thailand• Asia Carbon Emission Management Sdn Bhd – Malaysia• First Asia Carbon Consultancy Sdn Bhd - Malaysia• PT Asia Carbon Indonesia - Indonesia• Asia Carbon UAE FZ-LLC – United Arab Emirates

Rep offices: • Sri Lanka (Cedar International)• VietNam (Vietcan Tech)


Global PresenceGlobal Presence

ACG TeamACG Team

01 July 2010 5ASIA CARBON GLOBAL 2010

PartnershipsPartnerships

• Japan – Kanso Technos, JBIC

• South Korea – SK Energy, Ministry of Knowledge and Economy,

Response to Climate Change, LG CNS & GS Caltex

• India – Turbomach, Thermax, etc

• Viet Nam – Vietcan, BSA Associates, RCEE, EEC, Saigon

Tourism

• Sri Lanka – Cedar International

• Singapore – Carbon Offset Global

• Malaysia – Mensilin Holdings

• Asia Pacific - Accenture


Memberships & CollaborationsMemberships & Collaborations

• Sustainable Energy Association of Singapore• Singapore Business Federation• Singapore Compact

• International Enterprise Singapore• Economic Development Board• Educational Institutions

• National University of Singapore,

• Nanyang Technological University,

• Singapore Management University,

• Singapore Environmental Institute,

• Bloomberg Singapore• UKTI – UK Trade and Investment – Singapore Office


AWARDSAWARDS

Asia Carbon Global recently received the Silver Award in Energy Business for Excellence in Emissions Market-Asia

for the year 2009.

01 July 2010 8

Asia Carbon won the Prestigious Golden Peacock Eco-Innovation Award 2007 and the Energy Business Awards for Excellence in

Emissions Market-Asia for the year 2007

Asia Carbon won the Prestigious Golden Peacock Eco-Innovation Award 2007 and the Energy Business Awards for Excellence in

Emissions Market-Asia for the year 2007


9

Market CoverageMarket Coverage

KYOTO PROTOCOL

PROJECT BASED ALLOWANCE BASED

CLEAN DEVELOPMENT MECHANISM (CDM)

JOINT IMPLEMENTATION (JI)

INTERNATIONAL EMISSION TRADING

CERTIFIED EMISSION

REDUCTION (CER)

EMISSION REDUCTION UNIT

(ERU)

ASSIGNED AMOUNT UNIT

(AAU)

01 July 2010 ASIA CARBON GLOBAL 2010

01 July 2010 1010

ACG Business ModelACG Business Model

Vertically Integrated to provide a one stop solution in carbon advisory, carbon finance and carbon asset management

Carbon Asset Management

Carbon Advisory

Carbon & Project FinanceVertically Integrated

Business Model

AC CE

ACADF™

ACXChange™


ServicesServices

Climate Change ConsultancyCDM, VER, Capacity Building, Carbon Footprint & Offsetting

Carbon Trading Facility

Auctions, OTC, Structured Deals

Carbon Registry

VER Registry, GHG Management Services

Climate Change InformaticsGHG applications, Carbon Calculators, Auctioning systems, Registry Systems, Monitoring Systems, etc

1101 July 2010 ASIA CARBON GLOBAL 2010

01 July 2010 12

CDM ProjectsCDM Projects



CDM ProjectsCDM Projects

Registered CDM ProjectsRegistered CDM Projects

• 21 MW RK Power Gen Biomass Project

• 7. 5 MW Chitra Biomass Project

• 8 MW VKG Steel WHR

• 4 MW Pushpit Steel Wind Project

• 7.2 MW MMCL Wind Project

• 6 MW TCP Biomass Project

• 5 MW Aarasi Biomass Project



Programmatic CDM ProjectsProgrammatic CDM Projects

Biomass Boiler Programme3 Yrs – ~ 60 CPA – upto10 Installations/CPAFinal Stage of Validation – ERPA under Finalization

Vapor Absorption Chiller Programme3 Yrs - ~ 20 CPA – upto10 Installations/CPAUnder Validation – ERPA under Finalization

CDM MethodologiesCDM Methodologies

• ACM 0011 – New Methodology Development

Consolidated baseline methodology for fuel switching from Coal and/or

petroleum fuels to Natural Gas in existing power plants for electricity

generation

• AM 0014 – Revision on Existing Methodology Natural Gas based package cogeneration


• ISO 14064

• VCS 2007


VER ProjectsVER Projects

Carbon FinanceCarbon Finance

CDM Cycle Cost covered by ACG


Adaptation & Capacity Building ProgrammesAdaptation & Capacity Building Programmes


Capacity Building Project For Southeast Asia to Mitigate Climate Change

Funded by Ministry of Knowledge Economy in South Korea since 2009 and 2010

Target country : Thailand, Vietnam, Malaysia

Capacity Building Project For Southeast Asia to Capacity Building Project For Southeast Asia to Mitigate Climate Change Mitigate Climate Change


Building cooperation channel between countries

by conducting seminar and workshop

- Energy Efficiency in Malaysia

- CDM in mining sector and biogas in Vietnam

- Biomass and biogas in Thailand

Development of Development of CDM projectsCDM projects

CDM Feasibility study - 10 MW hydropower in Vietnam - 2MW POME project in Thailand - Biogas project in Vietnam

Technology Technology Demand Survey Demand Survey

Infrastructure and technology demand survey Joint technology demand survey report - Building energy efficiency audit report in Malaysia

Building Building Cooperation Cooperation

Channel Channel

Bengawan Solo Climate Change Adaptation ProjectBengawan Solo Climate Change Adaptation Project


Government of South Korea ‘East Asia Climate Change Partnership project’ FundFund Size around USD 200 million.

Implemented by Ministry of Foreign Affairs.

The applied areas of project are City development (smart city), Green IT, Water management, Forestry, Energy & Waste management.

Current status: Proposal currently shortlisted and awaiting final decision from Govt. of South Korea.

Research ProjectsResearch Projects

• Study on Utility Distribution Loss Reduction for Ceylon Electricity Board, Sri Lanka

• A top down approach in Emission Mapping on Logistics sector in India and Malaysia conducted for METI, Japan (partnered with Accenture-Japan)

• Status of Forestry Policy in 7 countries in the Asia conducted for NEDO, Japan.

• Development of Emission Factor for Electricity Systems in Sulawesi and Kalimantan Islands in Indonesia

• Development of National Grid Emission Factor for Singapore

• Carbon Finance Framework Preparation for Geothermal Development in Indonesia

• Study on CDM Potential of Geothermal Power Generation in Indonesia

• Research on Fact Finding Mission on Greenhouse Gasses (GHG) Emissions in the Industrial Sectors in Indonesia


April 10, 2023 23

ACX-CHANGEACX-CHANGEa member of Asia Carbon Globala member of Asia Carbon Global

April 10, 2023 2424

About ACX-Change (Carbon Trading)About ACX-Change (Carbon Trading)

• Web-based, with built-in registry and trading facilities since 2005

• First online project based trading platform in the world to provide a common

platform for Sellers and Buyers of Carbon Assets outside of EU Allowances

• Conducted several online auctions and closed bid auctions with total value of

60 million Euro successful bids

• Launching ACX-Japan and ACX-Korea with an auction on 21 May 2008.

• Cooperation with NEDO Japan on the primary CER pricing report & analysis

• Nikkei - JBIC Secondary CER Price Index

• Internal Market analysis on the Risk Matrix of Primary CDM market

April 10, 2023 25

System Landscape – Carbon ServicesSystem Landscape – Carbon Services

Trading Platform

Registry Platform

External Trading System

Project Participant

CDM Registry

ITL

National Registry

Clearing House

Bank

Copyright: ACX-Change 2007.Copyright: ACX-Change 2007.

April 10, 2023 26

ACX-Change CharacteristicsACX-Change Characteristics

Transparency

Price Discovery

Level playing field

Document Standardization

Low procurement cost for buyer and seller

Rights of both buyer and seller – terms & conditions apply

Secured robust technology

April 10, 2023 27

Carbon Trading PlatformCarbon Trading Platform

ACX - CHANGE

ONLINE AUCTION

CLOSED BID AUCTION

BILATERAL/ DIRECT OTC

April 10, 2023 28

Online Auction PlatformOnline Auction Platform

April 10, 2023 29

Pre- to Post- AuctionPre- to Post- Auction

• Project Information

(8-10 working days)

• Scheduled auction

• Project assessment

• Terms & Condition of the project through the ACX Project Term-sheet

• Buyer’s confirmed participation

• IT Support

• Bidding process

• Seller & Buyer communication

• Time management

• IT support

• Successful/ Un-successful bids

• Transaction confirmation

• Trading or auction analysis

• Feedback from Seller and Buyer

• ERPA process management

PRE –AUCTION

AUCTIONDAY

POST – AUCTION

April 10, 2023 30

Different Trading SchemesDifferent Trading Schemes

Online Auction Closed Bid Auction Bilateral

Buyer’s profile

• Seller receives bids from several anonymous ACX buyers;

• Seller can only see the Winning buyer after the auction ends

• Seller receives bids from several identified ACX Buyers;

• Seller would be able to identify all Buyers before announcement

of the Winning buyer

Seller could identify a buyer

Ask Price Expected Price from the Seller Floor Price from the Seller negotiation

Bid PriceIt can be Lower/ Higher than the

Ask PriceIt will be Higher than the Ask Price negotiation

Required trading documents

• Seller signs ACX Rules and Trading Mandate

• Seller signs ERPA

• Seller signs Trading Mandate;

• ACX prepares Project Term-Sheet;


• Seller signs Trading Mandate;

• ACX prepares Project Term-Sheet;


Online/ Offline offers

Online Offline Offline

April 10, 2023 31

ACX Buyer’s Profile - countryACX Buyer’s Profile - country

• Total more than 60 ACX Buyers

ACX Buyers - Country

Czech Republic2%

Italy3%

Netherlands7%

Switzerland5%

Austria2%

Denmark2%

Thailand2%

Singapore5%

Poland2%

Portugal2%

US7%

Spain8%

Australia7%

Japan12%

Germany10%

UK 22%

India3%

Finland2%

April 10, 2023 32

ACX Buyer’s Profile - typeACX Buyer’s Profile - type

ACX Buyers ProfileGovernment

10%

Broker9%

FI7%

Carbon Fund10%

Utility26%

Trader38%

April 10, 2023 33

Thank you