About EEA Carbon & Environment

Since its inception, EEA has played a significant role in the carbon market. It is one of the largest asset managers/advisers in the sector with over US$900m under advice as at 31 December 2009. We have built a team of highly experienced carbon professionals that ensures that assets are managed to secure and maximise carbon value.

In 2003, EEA commenced its role as investment adviser to Climate Exchange PLC, prior to and following the company's listing on AIM. Climate Exchange was established to finance the Chicago Climate Exchange and the European Climate Exchange, the leading regional exchanges for GHG emissions trading. Additionally the vehicle has invested in biofuel and renewable energy ventures.

Following the success of Climate Exchange, EEA was instrumental in the establishment and listing of Trading Emissions PLC (TEP).

TEP is an AIM listed investment company that invests directly in tradable environmental credits and in projects that will create such commodities, principally Certified Emissions Reductions (CERs) generated by CDM projects under the Kyoto Protocol. As exclusive investment adviser, EEA originates, structures and advises TEP on its investments.

Following TEP's initial listing in April 2005, EEA recruited a team of professionals with extensive experience in the CDM market. The team went on to allocate TEP's initial tranche (£135m) of capital within ten months and deliver a project pipeline that enabled a second tranche of capital (£175m) to be raised in May 2006. EEA's Carbon & Environment team not only advises TEP but also manages carbon procurement accounts for a number of EU ETS participants. Such accounts include the provision of EU ETS trading services and the procurement of CERs.

In December 2006 EEA won a highly competitive tender, on behalf of TEP, to sell CERs from small scale, highly sustainable CDM projects to the UK Government Carbon Offsetting Fund which are retired and used to offset ministerial and official air travel.

EEA is also the investment advisor to Leaf Clean Energy Company (“Leaf”). Leaf is a clean energy and environmentally focused investment vehicle launched in 2007 and quoted on AIM in London. Leaf initially raised £200 million to acquire assets and interests in the clean energy sector, primarily in North America. Leaf is now exclusively advised by EEA.

To fulfil these mandates the EEA group has established offices in London, Washington DC, Beijing and Ireland. EEA also has representatives in Rio de Janeiro and Lima.

Further details on team members are available on the Investment Advisers page.