Third Party Supply of Offsets: Offset Market

50 %
50 %
Information about Third Party Supply of Offsets: Offset Market

Published on February 19, 2014

Author: IEUO



Written by Michael Crowe, NatureTask, State of Victoria, Australia

Third party supply of offsets – offset market Developers buyers Credit Register • Brokers • Banks • Over the counter sellers Conservation banks Create credits • landowner agreements • land surrender • upgrade protected areas Landowners

Like-for-like and offset supply Risk to supplier increases Different credit types Demand high and certain Aggregated offsets & banks Demand low and uncertain Bespoke trades thru’ brokers Like-for-like rules (including trading up) determine market segmentation: • Low segmentation → banks and landscape solutions • High segmentation → bespoke and individual site solutions

Market facilitation – Over The Counter Over The Counter - • a bank of credits available at price pre-set by the landowner • based on ‘trading up’ to higher biodiversity importance • offset specified in the permit condition • offset plan provided at time of purchase • walk in and buy - feels like ‘in lieu payment’

Endangered grasslands • Plains Grassland - Victorian Volcanic Plain

Offset bank & protected area • A 15,000 ha reserve through the purchase and surrender of freehold land • Will provide offsets for 15 years of urban development in Melbourne’s west • Designed via a Strategic Assessment Report of future impacts and offsets • Land designated under an acquisition overlay • Financed through a revolving fund, primed with government funding

Add a comment

Related presentations

Related pages

Carbon Offsets Markets 101 - US Environmental Protection ...

Carbon Offsets Markets 101 ... by 32 units to supply country A with offsets. ... CCX Offset Committee Third-party Verifier
Read more

Carbon offset - Wikipedia, the free encyclopedia

... implemented to provide third-party verification of carbon offset ... market in offsets in general ... carbon intensity of energy supply, ...
Read more

Offsets for International Aviation Emissions

Offsets for International Aviation Emissions ... it was not clear if the supply of offset credits over time ... through third party traders such as ...
Read more

Green-e » Green-e Programs » Green-e Climate » Program ...

... the sale of renewable energy and carbon offsets in the retail market. ... Program Description ... consumers by offset sellers in the market.
Read more

Offset agreement - Wikipedia, the free encyclopedia

... fulfilling their offset agreement, but also to offset ... the third world ... secrecy in civilian offsets in the common European market.
Read more

A new look at carbon offsets | McKinsey & Company

Offset market supply also plays a key role in offset market prices. Initially, offsets were based on ... Views expressed by third-party authors are ...
Read more

Opinion Rebooting America's Voluntary Offset Market ...

Research Assistant Ecosystem Marketplace, Forest ... the offset market is either ... This is important because third-party verification is essential for ...
Read more

Carbon Offsetting - What is Carbon Offsetting ...

Carbon offsets are credits for ... establishing your organisation as a market leader and ... those carbon credits are retired through third-party ...
Read more

Portfolio Audit - TerraPass

... independent and accredited third party. ... and offset supply contracts. Offset ... market impacted the supply of offsets from ...
Read more

Fairtrade Climate Standard Hopes Minimum Offset Prices ...

If the market price of offsets ever ... buyers to have a third-party verified ... not just on the supply side of the carbon offset markets, ...
Read more