Our services in this sector are broadly classified into following categories:
CDM (Clean Development Mechanism)
This is a compliance mechanism which provides an opportunity to reap benefits
in monetary terms by implementing GHG reduction methods. The CDM allows
emission-reduction projects in developing countries to earn Certified
Emission Reduction (CER) credits, each equivalent to one tonne of CO2.
These CERs can be traded and used by industrialized countries to
meet a part of their emission reduction targets under the Kyoto Protocol.
This mechanism is governed by UNFCCC (United Framework Convention For Climate Change).
Prozeal offers end to end services in this sub-domain which includes:
Project Development and Host Country Approval:
Conceptualization or Identification of potential projects.
Methodology development or identification of appropriate UNFCCC
approved methodology and its application.
Preparation of all relevant documents such as PCN (Project Concept Note), PIN (Project Idea Note),
and PDD (Project Design Document).
Obtaining approval from Designated National Authority (DNA)
and complying with all required statutory regulations.
Project Validation and Registration:
Assistance in appointment of a competent UNFCCC accredited validator for the project.
Facilitating smooth approval from validator by addressing all the queries of the validator.
Registration of the project with UNFCCC.
Project Monitoring and Verification:
Facilitation of data monitoring as per the methodology.
Data analysis and emission reduction calculation.
Facilitation of verification process.
Facilitation of Issuance of CERs.
Facilitation of CERs trading.
Preparing and negotiating emission reduction purchase agreements on behalf of the client.
VERs(Voluntary Emissions Reductions) is name of the solution to those clean projects
which due to certain reasons couldn’t get the benefits of CDM. Also benefits of VER can be
claimed for the period which is elapsed in developing CDM project. Voluntary market is another
carbon market like that of CDM. Only difference is that as the name suggests, here emission
offset is voluntary. Prozeal also provides consulting on VERs. Here also this is an end to
end services right from the project identification, documentation to transaction of VERs.
Projects are developed as per all major standards such as VCS, Gold standard etc.
GHG(Greenhouse gas) Accounting is an essential exercise which is being carried out
by all reputed organisations. Now, buyers are demanding products with
their GHG accountability. This has now been directly linked to growth
of an organisation. Thus,the services which we offer in this sub-domain are:
Facilitation of GHG accounting as per ISO 14064.
Assistance in validation of the project by the third party.
Development of a comprehensive GHG inventory and identification of the
plant’s hot-spots contributing the most to GHG emissions in an industrial premise.
Advisory to the organisations to become carbon neutral.
REC (Renewable Energy Certificates) is a national mechanism where renewable power producer
is benefited two folds-one by selling power and other by selling the obtained
certificates (RECs). Following services are offered in this domain:
Preparation of all the relevant documents for REC application of the project.
Facilitation of REC accreditation through state agency.
Facilitation of REC registration through central agency.