In North America, sales and purchases of VERs (Verified Emission Reductions) are either traded or over-the counter.
The over-the-counter transactions are made in the voluntary market.
The essential difference between the regulated and the voluntary systems is the motivation of the buyer. In the first case, it is to comply with the regulations, while in the second case, purchases are voluntary.
This market is composed of organizations that have implemented the principles of reduction or have a desire to make their activities voluntarily.
Many organizations have implemented projects that respect the environment. They can seek a return on investment by enrolling in a process of selling carbon credits through our company that has been working in this field since 2005. The same applies to the buyers which are companies wishing to internalize their emissions or integrate green principles into their organizations.
The price of carbon credits depends on various factors such as the vintage, the methodology used for the quantification and the type of project. The value varies depending on the quality and integrity of the project.
The transactions that are completed over-the-counter can be done directly through the parties or through a market operator, also called transaction facilitator or trader of carbon credits.
En 2010, ce marché représentait plus de 400 millions de dollars US. (Banque Mondiale, 2011) http://ppp.worldbank.org/public-private-partnership/library/state-and-trends-carbon-market-2011-world-bank)