Zeroca works with e-mobility asset managers and owners such as:
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Illustrative revenue potential per standard urban electric bus can be up to 3,000 USD per year (or 30,000 USD during lifespan) from carbon credits.
For a fleet of 100 buses illustrative lifespan revenue potential may be up to 3 million USD without cost.
Zeroca works as a carbon credit program aggregator, with a particular focus on the newly emergent premium compliance markets, notably through Paris Art. 6 ITMO transactions on the basis of existing and upcoming bilateral agreements. We support you through the carbon credit development, registration, validation and issuance stages, step by step.
We work globally, maintaining relationships with trusted and high-value buyers of aggregated carbon credit projects and programs. We achieve impact at scale through aggregating assets and projects into country-level programs in full accordance with premium carbon credit compliance regimes.
Zeroca team members have designed most of the carbon assessment methodologies currently recognised by the UNFCCC, the VCS Standard and the Gold Standard to account for CO2 reduction of transport projects (mass transit systems, alternative fuels, electric vehicles, rail, efficient fleets, mode shift, shipping, mobile machinery, logistics, hydrogen and technology improvements).
Zeroca team members have developed the majority of active projects under those standards, starting with the first CDM transport project under the Kyoto Protocol in the early 1990s. We are now breaching new ground, developing the first ITMO projects and aggregated programs in e-mobility.
ITMOs (Internationally Transferred Mitigation Outcomes) are a new system of carbon credits created under Article 6 of the Paris Agreement, which was adopted by 196 parties at the UN Climate Change Conference (COP21) in 2015. This new system allows for transfers of emission reductions between countries.
The ITMO market is notably different from the voluntary market in terms of prices, procedures, and the credibility of the offsets achieved. The compliance standards required by the Paris Agreement ensure substantially better pricing of credits linked to significantly enhanced credibility from due validation, registration and monitoring procedures.
Buyers of ITMOs (main target of Zeroca programs) are currently restricted to nationally accredited entities of a few select countries (typically located in Western Europe, East Asia and the Middle East). This group of buyers will grow as more countries develop their participation, first bilaterally and then multilaterally, under Article 6 of the Paris Agreement.
Buyers of voluntary offsets can be any company or individual interested in compensating its own emissions and carbon credits. Voluntary credits can be sold either directly to a buyer or through a specialised broker.
By default, the operator of the e-mobility equipment owns the carbon credits. However, a manufacturer, dealer or lessor of e-mobility equipment under a long-term (supply and warranty, maintenance, support and/or financing) contract with the operator can include a provision in such contract making them the owner of the carbon credits. This allows such a party to enter into a global partnership with Zeroca and offer significant discounts to national buyers and operators of their equipment.
Yes. However ITMOs are registered and transferred under bilateral agreements and require corresponding adjustments in the national carbon registries of both participating countries. Consequently, ITMO programs must be set up at national levels. If you have e-mobility activities in several countries, we offer global partnerships, through which your e-mobility activities around the world can be added to the numerous national aggregator programs Zeroca is currently setting up.
The main requirement is to have clear ownership of the emission reduction. Then some basic data is required to calculate and subsequently monitor the emission reduction: annual mileage/vehicle ID (for vehicles) and electricity consumption in kWh (for charge points).
Unfortunately no, only new equipment purchased after contract signature with Zeroca can be considered eligible for carbon credits.
E-mobility carbon credit program available in your selected country
The selected e-mobility project would result in an estimated xx tCO2 of carbon savings per annum, which could translate into an estimated financial benefit of xx USD per annum for the project owner. We are actively looking for project owners to set up new e-mobility carbon credit programs around the world.
Whether ITMOs or the voluntary market can be targeted will be dependent on the details of your project and the host country’s carbon market policies, which we can assess for you.
