EcoSecurities offers offset project insight

Ireland-based carbon trading specialist EcoSecurities yesterday launched a new web site designed to allow purchasers of carbon credits to access detailed information on the projects where the credits originate.

The new ProjectNet site will allow corporate buyers of offset credits to access information on more than 40 of the emission reduction projects that the company is involved in, providing them with information on the standards the projects have been verified against, as well as photos, videos and blog entries offering up-to-date information on how projects are proceeding.

Lisa Ashford, head of commercialisation at EcoSecurities, said that the new service would help meet growing demand from corporate customers for more detailed information on how carbon credits are created.

"Companies voluntarily looking to buy offset generally want a lot more information on the project where the credits come from than buyers in the compliance markets," she explained. "ProjectNet helps give them a tangible sense of how a project delivers real emission reductions, which can sometimes be a tricky concept for people to grasp."

Ashford added that the company would look to add more information to the site as its project portfolio expands.

The new service comes just a day after US offsetting specialist TerraPass reportedly published its 2009 carbon offset portfolio, providing information on a number of emission reduction projects primarily in the field of landfill and agricultural methane gas capture.